Tatu City developer puts up parallel metropolis in Nigeria

Rendeavour, the owner and developer of Tatu City have put up a similar development in the West African state of Nigeria.

The Alaro City, like Tatu is a mixed-income, city-scale development with planned areas for office blocks, logistics and warehousing, health facilities, schools, parks and open spaces.

Conceived by the Rendeavour – Africa’s largest new city builder and the Lagos State Government, Alaro City is expected to boost foreign direct investments to Nigeria helping alleviate runaway unemployment by adding tens of thousands of jobs to the local economy.

“We welcome the substantial foreign direct investment Rendeavour is making in Alaro City, which will further enhance the Lekki Free Zone as the gateway of choice to Nigeria,” said Lagos State Governor Akinwunmi Ambode during the city’s groundbreaking ceremony.

“We are proud and delighted to be bringing our successful inclusive city model to Nigeria and Lagos State, the heart of the country’s vibrant economy. Our partnership with Lagos State will ensure that Alaro City is an economically sustainable city open to all Nigerians.” Rendeavour founder and Chief Executive Officer Stephen Jennings added.

The Alaro City will sit on the gateway to Nigeria’s largest port city- Lagos and within the North Western quadrant of the Lekki free zone. The city will be adjacent to the soon to be constructed futuristic airport and the Lagos sea port.

Multinational companies have already jumped to the opportunities represented in the new city by commencing on the construction of facilities onsite.

Alaro city’s developer- Rendeavour is responsible for the construction seven new cities on the continent to include homogenous developments in Ghana, Zambia and the Democratic Republic of Congo.

An approximate Ksh. 20 billion (USD 250 million) is invested into each project to create the infrastructure that will serve to help sustain and accelerate Africa’s economic growth meeting the aspirations of the continents burgeoning middle-class and serving as a catalyst to further urban development.