NIESV URBAN REGENERATION
The growing population of Lagos State, the decaying infrastructure and the limited housing stock, are constant challenges to the city which produces the 25% of Nigeria’s GDP.
Lagos faces the possibility of becoming largely urban slum by the year 2050 when it is estimated to become the world’s 3rd largest city, if something is not done ahead of time.
These challenges are however pointers to opportunities in the urban regeneration of Lagos State as a megacity, with collaborative efforts of the government, private sector investors and built-industry professionals, by setting up a roadmap for the redevelopment of some critical parts of Lagos, based on the revised master plans. The same urban regeneration challenges are being faced by other cities in Nigeria as our national population is growing annually at 2.7%.
How? Where? What do we need to partner with the government and how will this become beneficial to the private sector investors, are the questions to be answered at the NIESV Lagos State Branch MCPD on ‘URBAN REGENERATION: Opportunities for REAL Estate Investors and Practitioners’, coming up on October 16, 2019.
This is an opportunity to be a change agent.