THE NEW DUBAI OF LAGOS
The Epe-Marina Lagoon reclamation project is a complete redevelopment of project site to facilitate development and promote tourism and it comes with sand filling to the lagoon up to about 200 meters and dualization of the network of roads in the axis with functional walkways. Newly built Slip Road at Alapere, Ketu by Lagos State Government commissioned on Saturday, September 17, 2016.
Governor Ambode, who equally inspected the on-going dualization of about 25 network of roads in Epe, said the massive investment of government in the area was part of the grand plan to transform the axis and same was in line with the Lekki Free Trade Zone (LFTZ) project. He expressed satisfaction with the level and pace of work done so far, saying that the quality was of international standard.
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*However, observers, especially, real estate practitioners, expressed optimism that the projects, upon completion, would decongest the heartland of Lagos as people would be encouraged to move to Epe and Ibeju-Lekki axis. “And by implication, land will continue to appreciate as the axis is one of the best terrain for real estate development in Lagos State”, said Mr. Dipo Adesegun, a developer, based in Lekki Phase 2.*
Ambode was also of the same optimism by saying that with the expansion, the whole lot of Epe and Ibeju-Lekki axis will be developed. “We are inspired to see how we can look at the phase two of this project as quickly as possible. This road dualization is expected to be completed in 16 months but because we are ahead of schedule, we are looking at the first quarter of next year. “With this, we have just injected 30 kilometers of standard roads into Epe and the meaning of that is of course changing the economy of Epe Township, real estate will be boomed and we are encouraging commerce and industrialization.
“This project is the backbone of the Lekki Free Trade Zone, Deep Seaport and the proposed Airport. All the State Government is doing is stimulating the economy and that is what is happening here,” he said. However, the road network project stands out as one ambitious vision that has come to place Epe on the map of the fastest growing community in Lagos with the possibility of attracting migration from the metropolis.