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Ambode Brokers Multi-Billion Dollar Smart City Deal With Dubai

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Posted: Jun 22, 2016 at 4:33 am   /   by   /   comments (0)

Ejikeme Omenazu

Lagos – Governor Akinwunmi Ambode of Lagos State has recorded another breakthrough in his investment drive as he led a team of his government officials to enter into a historic partnership deal with the City of Dubai that would see the state emerge as the first Smart City in Africa.

The Memorandum of Understanding (MoU) for the Lagos Smart City was signed at the Emirate Towers, Dubai, by Mr. Adeniji Kazeem, the Lagos State Attorney General and Commissioner for Justice, and Mr. Jabber Bin Hafez, the Chief Executive Officer of Smart City Dubai LLC on Monday.

His Excellency, Ahmad Bin Byat, the Chairman of Dubai Holdings, who is also the Deputy Prime Minister and Mr. Ambode, witnessed the signing of the MoU, which would make Lagos the home of the very first Smart City in Africa.

A Smart City is a growing concept that draws from the success of Dubai’s innovative knowledge-based industry clusters to empower business growth for companies and knowledge workers all over the world.

Governor Ambode, who announced the historic deal through a statement issued on Tuesday by Mr. Steve Ayorinde, the State Commissioner for Information and Strategy, said that the Smart City (Lagos) would bring multi-billion-dollar investments to the state, create thousands of jobs and transform the Ibeju-Lekki axis in particular and the entire Lagos State in general.

“This is a deliberate attempt by us to establish a strong convergence between technology, economic development and governance.

“The MoU is between Lagos State government and Dubai Holdings, LLC, owners of Smart City (Dubai) to develop a sustainable, smart, globally connected knowledge-based community that drives knowledge economy,” Governor Ambode said.

The governor stated that the collaboration was part of the larger vision to make Lagos safer, cleaner and more prosperous.

He said, “A Smart-City Lagos will be the pride of all Lagosians just as we have Smart City Dubai, Smart-City Malta and Smart-City Kochi (India). 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.

“The future is ours to take. It also marks the first smart city in Africa when completed.”

The governor added that apart from creating jobs for the people, the project would also become the world’s first carbon neutral city.

“Lagos,” he said, “will become an important centre for innovation in smart technologies, wellness and destination for green tourism.”

Earlier in his remarks, Bin Byat, the Deputy Prime Minister, said the Dubai authorities were impressed with the conduct and readiness of Lagos State government and were eager to proceed with the state government and the Smart City Lagos project.