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Africa: Nigeria builds the largest maritime megacity in the world, Eco Atlantic City with an investment value of approximately 6 billion dollars

Written by Bruno Teles
Published 04/01/2024 às 15:00
Africa: Nigeria builds the largest maritime megacity in the world, Eco Atlantic City with an investment value of approximately 6 billion dollars
Photo: Disclosure/Eco Atlantic City
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Nigeria is moving forward with the construction of Eco Atlantic City, an ambitious $6 billion oceanfront project aimed at transforming not just the region but the entire African continent.

Eco Atlantic City, located in Nigeria, Africa, represents one of the largest maritime urban projects in the world. With a budget of 6 billions of dollars, the city is being built with strategic and sustainable objectives, with the potential to solve critical problems faced by the local population, such as sea ​​erosion and lack of space for urban expansion.

Started as a measure to protect Victoria Island from erosion, Eco Atlantic City has evolved into a land reclamation project. The city not only aims to protect the region from erosion, but also offers more space for urban development and commercial, essential in an area suffering from rapid population growth and real estate pressure.

Construction

The construction of Eco Atlantic in Africa started in 2008 and involved lifting 91 million cubic meters of sand to create a solid foundation over the ocean. An 8,5-kilometer breakwater, made with rocks and GPS technology, offers protection against the tides. The city, covering an area of ​​10 km², has already undergone testing and proven to be resilient and effective in protecting against erosion.

Eco Atlantic City is planned to be a self-sufficient city, with its own energy generation and drinking water systems, in addition to a telecommunications network. The city is expected to accommodate 300 residents and receive 200 daily visitors, including tourists and traders. The project includes a shopping mall, marina, and a road network optimized to reduce congestion.

Investment from Eco Atlantic City

The project is a public-private partnership, with the private sector providing the majority of the financing and the government outlining the urban strategies. The total estimated cost of the project is around 6 billion dollars.

Despite its positive intentions, the Eco Atlantic City is not free from controversy. Local residents report that construction has exacerbated coastal erosion in other areas, and experts point to the city's vulnerability to rising tides.

Eco Atlantic City is an example of a megacity built to face environmental challenges and urban, mainly in Africa. With its ambitious and strategic planning, the city promises to be a landmark in sustainable urban development, not only for Nigeria, but for the whole of Africa. It remains to be seen how the project will evolve in the face of environmental challenges and the expectations of the global community.

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Bruno Teles

I talk about technology, innovation, oil and gas. I update daily about opportunities in the Brazilian market. With more than 3.000 articles published in CPG. Agenda suggestion? Send it to brunotelesredator@gmail.com

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