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Ibeju-Lekki is a Local Government Area in the Epe Division of Lagos State, Nigeria. The development in the area is rapid and ongoing; and many have been referring to the area as the new Lagos. The commercial center of Lagos state seems to be shifting towards the area with much effort put into the developing industries and infrastructures.
Some projects being envisaged or currently in progress include the Dangote oil, refinery, petrochemical, fertilizer and gas project, a Sea Port, Lekki Free Trade Zone International Airport, Pan-Atlantic University Lagos-Kano rail line amongst others.
Ibeju-Lekki is one of the locations for the Lagos Smart City deal with Dubai. With the actualization of the blueprint, Ibeju-Lekki is expected to become a central hub for business, manufacturing, warehousing and logistics. Forecast has been made about an increase in the commercial activities in the area as a result of these developments which will create thousands of jobs and make the area a major business location in the country.
For investors, taking advantage of available properties in the area is your best bet. Real Estate agencies have estimated a 1000% rise in the cost of land in few years and with the massive developments, foreign investors are beginning to key into the area.
With competent infrastructure being put in place to provide ease of transportation of goods either by land, sea or air, the area would also open up to markets all over Africa, Asia, Europe and America.