Lagos ICT Business Park in Katangowa commences operations with Alternative Financing

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The Lagos state government has successfully relocated the popular Computer Village to a conducive and business-friendly environment.

“The administration of Gov. Babajide Sanwo-Olu is determined to successfully accomplish the Computer Village relocation to a more conducive and business-friendly environment. This would help to address the environmental challenges created by the market in Ikeja.”

These are the words of the Honorable Commissioner of the Ministry of Physical Planning and Urban Development, Dr Idris Salako, when he was speaking on the partnership between the state government and Bridgeways Global Projects Limited on the development of the Lagos ICT Business Park in Katangowa, with the Coalition of Associations in Computer Village (CACOVI) as the major beneficiaries funded by Sterling Alternative Finance.

The Lagos ICT Business Park, Katangowa is the first of its kind in Africa and will elevate the status of Lagos as a global technology location. It is far beyond providing real estate for the development of another ‘computer village.’ The ICT Business Park will provide the infrastructure to incubate and accelerate the development of technology solutions that can improve development outcomes on the African continent.

The first phase of the project boasts of 3810 Lock up shops, 4336 Kee Klamps, 1020 Market Stalls, 24 Premium Shops, 128 2 Bedroom Apartments, 3 Stand Alone Food Courts, 12 300-Seater Kitchen Buka and 1 Terrace Food Court.