In a major boost to Nigerias real estate and smart infrastructure sector, Metrospeed Property Development Limited has signed a landmark partnership with Chevron Employees Multipurpose Cooperative Society CEMCS to fast-track the development of the highly anticipated Metro Smart City project in Lagos.
This strategic alliance marks a significant step in transforming Lagos into a modern urban hub through innovation, sustainability, and integrated smart living.
Metro Smart City is a bold urban development initiative by Metrospeed, with land reclamation and infrastructure works handled by global construction giant China Civil Engineering Construction Corporation Ltd CCECC. The project envisions a thriving ecosystem featuring five distinct districts: a technology hub, a waterfront community, a residential area, a business zone, and a leisure and entertainment district.
CEMCS President Princewill Hope said the cooperatives members are excited about the development and emphasized their confidence in the project, citing strong capital preservation and attractive long-term returns: