Eko Atlantic Nigeria’s pride in driving volume FDI
Emerging floating city of the World, the Eko Atlantic City, has been adjudged as the highest driver of Foreign Direct Investments (FDIs) to Nigeria in the last few years.
The city, popularly referred to as the most rising smart city being developed from reclaimed land on the shores of Victoria Island is attracting more and more international investors as awareness about the new city’s potentials grows among the international audience.
Explaining the development at the 2016 Real Estate Unite, an annual summit and one of Africa’s largest real estate events which attracted high ranking dignitaries in the African real estate sector, Mr. Pierre Edde, Development Director, South Energyx Nigeria Ltd, a subsidiary of the Chagoury Group, said the scheme is still open to new investors who want to be part of history in Africa.
He said international interest in the project has grown tremendously over the last few years, leading to expression of interests from around the globe, with many of the prospects looking forward to establishing their corporate offices at the city’s business district. He noted that such foreign investments in Eko Atlantic will be good for the economic development of the country, and is an answer to the government’s FDI drive.
Already, construction of first sets of high-rise is nearing delivery as key infrastructures are taking shapes as at the last visit this month. The site, it would be recalled played host to the first ‘made-in-Nigeria Trade Fair late last month.