Eko atlantic city news
Eko Atlantic City is a planned city being built on reclaimed land in Lagos, Nigeria. Here are some recent news updates about Eko Atlantic City:
- Progress on construction: In October 2022, the Eko Atlantic City project reached a significant milestone with the completion of the first phase of construction, which includes the development of a 10-kilometer-long sea wall and the creation of a 9.5-kilometer-long artificial island. (Source: Vanguard News)
- Infrastructure development: The city is expected to have a comprehensive infrastructure system, including roads, bridges, and utilities. In September 2022, the Lagos State Government announced plans to invest N100 billion (approximately $250 million) in the development of infrastructure in Eko Atlantic City. (Source: The Guardian Nigeria)
- Residential and commercial development: The city is designed to have a mix of residential, commercial, and recreational spaces. In August 2022, it was reported that the Eko Atlantic City project had attracted over 100 investors, with plans to develop over 10,000 residential units and 500,000 square meters of commercial space. (Source: This Day Live)
- Environmental concerns: There have been concerns about the environmental impact of the project, particularly with regards to the displacement of coastal communities and the potential for erosion and flooding. In July 2022, the Nigerian government announced plans to establish a coastal protection agency to mitigate the effects of climate change and ensure the sustainable development of coastal areas, including Eko Atlantic City. (Source: Premium Times)
- Tourism potential: Eko Atlantic City is expected to become a major tourist destination in West Africa, with plans for a marina, a golf course, and a variety of recreational facilities. In June 2022, the Lagos State Government announced plans to develop a tourism masterplan for the city, which will include the creation of a tourism zone and the promotion of cultural and entertainment activities. (Source: The Punch)
These are just a few of the recent news updates about Eko Atlantic City. The project is expected to be completed in phases over the next few years, with the first phase already underway.