*Ibeju-Lekki*
is where you have the Lekki Free Trade Zone, Lekki Deep Seaport,
Dangote Refinery and Petrochemical Industry, Dangote Fertilizer Plant,
International (Cargo) Airport, Lekki International Golf Course, Pan
Atlantic University, Eleganza Industries and so on. That is why it is
touted as the ideal investment destination for property investors.
To the potential investors however, the important question is where exactly is Ibeju-Lekki in this regard?
To
answer this question, we will explain Ibeju-Lekki under three broad
locations with regard to the ongoing key projects there. These include
the Free Trade Zone axis; the Elerangbe axis, and the Lekki-Epe
Expressway axis (see map).
*Lekki
Free Trade Zone Axis*: This is the most commercial of the three
locations and stretches from Eleko Beach Road through the Free Trade
Zone Road to La Campagne Tropicana Resort and beyond. It hosts the Free
Trade Zone, Lekki Deep Seaport, Dangote Refinery and Petrochemical
Industry, Dangote Fertilizer Plant and other businesses.
The
Lekki Free Zone is designed to be a satellite city to Lagos with
dynamic commerce, trade and modern industrial sectors with an eco-city
for residents.
The
Master Plan covers a total area of about 30 square kilometres with 27
square kilometres for urban construction purposes. This will accommodate
a total resident population of 120,000.
The
zone is divided into four phases. The first phase, which is under
construction will feature the Central Business District, residential
areas, industrial parks, logistics and warehouses and will be fully
ready in 10 to 12 years' time.
*The
Elerangbe Axis*: This is where you find the cheapest plots of land in
Ibeju-Lekki presently, and is mostly a residential location. This axis
comprises of places like Okego Village, Tagbati all the way to Arapagi.
Elerangbe is off Lekki-Epe Expressway to the left, after Eleko Junction.
The key infrastructure expected to open up this location is the
proposed 4th Mainland Bridge and the Lekki International Airport.
*Lekki-Epe
Expressway*: Ibeju Lekki on the the Lekki-Epe Expressway axis starts
from Abijo up to Eleko Junction. This stretch of the expressway has a
mixture of residential and commercial characteristics. The area already
houses business ventures such as Eleganza Industries, Coscharis Motors
head office and has a number of built up residential estates. Of the
three locations, this is where one can buy, build and live conveniently
at present. From Eleko Junction to Ajah is about 15 minutes' drive.
Extracted from:
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