How much does Eko Atlantic Cost?

Experts say the project will cost at least $6 billion. There will be about 91 million cubic metres of sand-filling to cover a total length of 6,500 metres with an average width of 1,260 metres.

Who is the CEO of Eko Hotel?

At the moment Gilbert Chagoury is the owner of Eko Hotel. He was born in Nigeria in 1946, but his parents were Lebanese. He’s a billionaire businessman, diplomat and philanthropist. Chagoury is the head of the Chagoury Group.

Who owns Eko Atlantic Hotel?

Nigerian-Lebanese businessmen billionaires and philanthropists extraordinaire, Ronald and Gilbert Chagoury, owners of Eko Hotel and Suites, Eko Atlantic City, HITEC Construction Company Limited, ITB Contraction Limited, among others have significantly boosted the fight and containment of the spread of the deadly

How is Eko Atlantic funded?

Economics. The project is privately funded by South Energyx Nigeria Limited – the developers and city planners, a subsidiary of the Nigeria-based Chagoury Group of companies – working in strategic partnership with the Lagos State Government and supported by the Federal Government of Nigeria.

Who funds Eko Atlantic?

Eko Atlantic development is being carried out as a Public–private partnership, with private companies and investors providing the funding, whilst Lagos State Government is a strategic partner, with the support of the Federal Government.

How many story building is Eko Hotel?

The Eko Towers is another peerless addition to the ever changing and beautiful Victoria Island landscape. The 19-Storey Tower with over 7000m² of Technical Profile curtain walling will be used as offices on completion.

Which hotel is the biggest in Nigeria?

The Federal Palace Hotel, which is the biggest hotel in Nigeria and the most popular one, is situated in the commercial area of Victoria Island, the Lagos location.

Which city in Nigeria has the highest number of hotels?

The report listed the regions in the country with the highest number of hotels.

• Lagos – 22 (1164 hotels in total)
• Abuja – 6 (370)
• Port Harcourt – 5 (226)
• Ibadan – 2 (281)
• Calabar – 1 (177)

Which state has the highest number of hotel in Nigeria?

Lagos State, Nigeria’s commercial capital has the highest number of hotels.

What is Eko in English?

Here is eko meaning in English: educate. education.

What is the purpose of Eko Atlantic?

A new city called Eko Atlantic is promoted nationally and internationally as a model Public Private Partnership between Lagos State Government and South Energyx Nigeria Ltd to protect Lagos from flooding and ocean surge, to offer new habitable space for residents and businesses and to create new employment

Will Eko Atlantic Help Lagos?

Relieving pressure on Lagos Nigeria is one of the fastest-growing megacities in the world so the pressure on Lagos is intense. Eko Atlantic is providing prime development land to give the space for business and commerce to expand and fulfil its potential.

Is Eko Atlantic a free trade zone?

The Senate Committee on Trade, Industry and Investment has described Dangote, Lekki, Alaro City and the Lagos free trade zone, which constituted the Lekki mega free zone quadrant as well as the Eko Atlantic free zone as multi-billion-dollar national assets.