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Lekki-Lagos, Nigeria | |
Presently as at the last valuation
done locally, the property is valued conservatively for the sum $65 million US. Because of the panoramic view of the
beach, this property, has tourism potential and commercial opportunities. As opposed to a
hotel, this provides potential investors with a residential environment, an element of
independence and continuation, which enables long term developments. The needs for a proposed new entrant and Clientele patronage has been established and detailed in feasibility. The city of Lagos, being the economic nerve center and the formal capital city of Nigeria apart from being the main entry point to the most populous nation of Africa with its vast resources Tourist aquatic splendor add as an
incentive to investment being an emerging economy on the global scene. Lagos has a population of over 12
million with 30% on higher income grade and 50% middle income. Lagos is the main gateway
into the most populous African nation of over 120 million people with over 15
international flight into the city per day, bringing diplomats, foreign investors,
technical experts, tourist and Businessmen. The history of the current ruling dynasty, HRH Kabiyesi Akinloye, Ojomu of Ajiran
Land Sateru 11 is important and probably an underestimated source in this development. The
relevance of this to the development is the potential TOURIST VALUE of the the local
economy. The geographical location Lekki
places it in a unique position to develop into an international Business Zone and with the
support of the present administration. The international Business Zone has many advantages
and benefits to the development and wider opportunities to the consortium and state.
The hotel and resort is a major
foreign exchange provider if managed professionally and completely. This is the bedrock of tourism
development in the area. Integral to the time-share is the
support infrastructure and super structures required for such a massive investment. A very important benefit of these is
the estimated number of jobs. The vision is to create an opportunity which commensurate
with the level of development anticipated linking this into the proposed international
business zone will enhance the development of Cultural Tourism. To enhance marketability of
facilities and quick payback, the client proposes to be in league with certain airlines
that operates the Lagos routes with intention to establish tourism packages which ensures
full usage of facilities at all times. The project site is after Alfa
Beach, the initial land available to the development is 300 acres The structure of the site is that of
Sand Soil and the site is located off Lagos Epe Expressway. The Expressway will provide
adequate access to the to the Center and would enhance its level of activities, business
wise. MISSION STATEMENT: To create an affluent and wealthy
environment for foreign investors, Nigerian living abroad and within to reside. OBJECTIVES: To build exclusive living apartment
for Nigerians and foreigners. To develop commercial units in
addition to the apartments to facilitate and create an International Business Zone in
Lagos. To build upon and increase the
numbers of residential unit available for sale in the area by enhancing the environment in
Landscaping, open spaces and water front. To make the area desirable for
residents and Tourist to visit and develop the local economy. ACTIONS: The concept of Royal Domain of Ojomu
is the development of hotel and resort center apartment Complex in one of the most
exclusive part of Lagos, facing the water front of the Atlantic Ocean, the panoramic view
has tourism potentials and commercial opportunities. The concept of an international
Business Zone in Lagos will create an opportunity for new business to relocate to a part
of Lagos, that will be modern, planned and traffic moving freely. To build new modern houses for sale,
with all modern conveniences, enjoyed in developed countries, public open spaces in Lagos
is a luxury and rare and attract local and foreign tourist to the area. POTENTIAL BENEFITS: The Hotel resort complex is expected
to be a high tech relaxation village, modeled on a holiday resort of which all facilities
are inclusive in a service oriented environment. SUPPORT INFRASTRUCTURE AND SUPER
STRUCTURES - Heath clinic including modern Gym - Office units - Art and museum center (fashion,
cultural center, shrine etc) - Gambling casino - Shopping complex - Amphitheater Cinema Hall &
probably Bingo Hall - Conference centers - Water sport and recreation - Safe and left luggage - Possibly a 5 star hotel,
with about 10 floors, with 250 -
Standard rooms,100 executive
rooms, 5 presidential suites, - 3 grand ball rooms. This concept is a dream of the royal
family! The Investor is being offered 50% of the entire Project. Joint
Venture money sought $120 Million US
Dollars. AO(C2974) 30 |
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