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Lagos State Governor, Mr Akinwunmi Ambode on Tuesday launched a 1000-hectare modern satellite city in Epe-Ibeju Lekki axis projected to create over 200,000 jobs and housing schemes for all the major projects coming on board within the Lekki Free Trade Zone.
Named Alaro Satellite City, Governor Ambode described the unveiling of the project as a major milestone in his administration's vision of making every part of the State economically viable and livable, adding that the development was a dream come true.
He said with major projects in the works in the Lekki-Epe corridor such as the Free Trade Zone, largest Deep Sea Port in Africa and International Airport, among others, a new city to provide housing schemes and other facilities for workers, investors and the people generally was desirous, hence the need for the initiative.
Giving details, Governor Ambode said: "The Alaro Satellite City was conceived to provide housing schemes to a broad spectrum of income earners, industrial workspaces, warehouses, hospitality and commercial office facilities amongst others.
"The project would not only open up the corridor but would transform its economic landscape by providing jobs, reducing poverty and contributing significantly to socio-economic development of the State, especially in terms of the GDP of the State in particular, and the country in general."
While commending the private sector especially Rendeavour Group and North West Quadrant Company for partnering with the State Government to deliver the new city, the Governor said the successful launch of the project was a demonstration of the confidence the Organised Private Sector (OPS) and foreign investors have in viability of doing business in the State, adding: "The Alaro Satellite City is a strong statement that our Lagos is still attracting more direct foreign investment."
The Governor, who assured the partners of the State Government’s unshaken commitment to the success of the project. @ Lagos State
Named Alaro Satellite City, Governor Ambode described the unveiling of the project as a major milestone in his administration's vision of making every part of the State economically viable and livable, adding that the development was a dream come true.
"The project would not only open up the corridor but would transform its economic landscape by providing jobs, reducing poverty and contributing significantly to socio-economic development of the State, especially in terms of the GDP of the State in particular, and the country in general."
While commending the private sector especially Rendeavour Group and North West Quadrant Company for partnering with the State Government to deliver the new city, the Governor said the successful launch of the project was a demonstration of the confidence the Organised Private Sector (OPS) and foreign investors have in viability of doing business in the State, adding: "The Alaro Satellite City is a strong statement that our Lagos is still attracting more direct foreign investment."
The Governor, who assured the partners of the State Government’s unshaken commitment to the success of the project. @ Lagos State
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