Eko Atlantic city is a real estate development project that comprises eleven districts. The project will see the first proper marina being built in Nigeria. David Robinson report.
Eko Atlantic city is a large new coastal project being developed as an extension to Lagos, the leading Nigerian city, port and business centre, and formerly the country’s capital.
The project is part of a coastal protection initiative designed to protect the Victoria island area of Lagos, which borders on the Atlantic ocean.
Eko Atlantic city will be located on a 10-million sq m reclaimed area, which will be protected by an 8.5km seawall. The new city is being developed to overcome a chronic shortage of real estate in one of the world’s fastest-growing megacities.
It is designed to help develop Lagos as the leading business centre in Africa and contribute to diversifying the Nigerian economy away from its dominating energy base.
Eleven separate districts are planned for Eko Atlantic city including the so-called central Marina district. The project will see the first proper marina facility being built in Nigeria.
Imagery supporting the marina development suggests that there could be about 200 berths including space for superyachts.
Eko Atlantic city is a privately-funded development by South Energyx Nigeria Ltd, developers and city planners. This company is a subsidiary of the Nigeria-based Chagoury Group of companies – working in strategic partnership with the Lagos State Government and supported by the Nigerian federal government.