The agreement will help fast track Lagos into a megalopolis and an important centre for innovation in smart technologies, wellness as well as a destination for green tourism
Lagos’ state government has signed a multi-billion dollar investment deal with Dubai that will see it become the first smart city in Africa. The project is expected to create thousands of jobs, transform the state’s Ibeju-Lekki axis as well as make Lagos the world’s first carbon neutral city.
“This is a deliberate attempt by us to establish a strong convergence between technology, economic development and governance,” said Akinwunmi Ambode, Lagos state governor. “[And] to develop sustainable, smart, globally connected knowledge-based communities that drive the knowledge economy.”
The collaboration is also part of a wider vision to make Lagos safer, cleaner and more prosperous.
“We are encouraged by the fact that we do not, as a government, need to develop at a slow pace, but take full advantage of the digital age and fast track development of Lagos to a real megalopolis that we can all be proud of,” he added. “Lagos will become an important centre for innovation in smart technologies, wellness and destination for green tourism.”
The Memorandum of Understanding (MoU) for the Lagos Smart City was signed at the Emirate Towers, Dubai by Adeniji Kazeem, Lagos state attorney general and commissioner of justice, and Jabber Bin Hafez, chief executive officer of Smart City Dubai.
It was witnessed by the chairman of Dubai Holdings, His Excellency, Ahmad Bin Byat who is also the deputy prime minister and Lagos state governor, Akinwunmi Ambode.