Edmark City unveils new infrastructure in Lagos

EDMARKCITY Development Company Limited marked a significant milestone in its efforts to create and build a space for a happy community in Nigeria as the firm celebrates the ground breaking ceremony of Edmark City, Nigeria’s first ever blockchained fuelled smarty city development.

This investment project is in part, which include Edmark Group of Companies’ opportunity to re- invest the Nairas from their multi- level marketing ( MLM) business under the umbrella of Edmark International ( Nigeria). The company envisions Edmark City as the first iconic Smart City and blockchain- powered real estate in Africa.

The company’s Founder and Chairman, Sam Low Ban Chai, explained that “cities are becoming smarter and will continue to do so in the coming years. As we embrace modernisation, Smart City developments and technology can result in better living by improving safety, health and the environment, reducing costs and boosting the economy.”

Continuing Low shared, “Nigeria remains pivotal towards the growth of Edmark in Africa, and we remain invested to see its people and communities prosper through our vision and products that promoted healthy holistic well- being. As a mean to give back to the people of Nigeria, Edmark remains in the country to continually contribute in infrastructure development and human resources. We see a long and bright future here in Nigeria.”

According to Chief Operations Officer of Edmark in Nigeria, Bien Wapanio, “globally, transition to smarter cities is already happening in many places around the world. According to a study, the global smart cities market will grow at a compound yearly growth rate of 18.9 per cent from 2019 to 2025 to reach $ 237.6 billion. This projected growth demonstrates how seriously cities are taking the transition to become smart cities. Over the coming years, we'll see many new smart cities and innovations emerge. And we at Edmark Group of Companies, aims to be part of this change towards a dream living future for all.”

This first of its kind iconic property is strategically located at Lagos Epe Express Road by 3rd roundabout, Lekki Phase I, Lagos, Nigeria and it consists of a twin 20storey building with a supermarket on the ground floor, parking lots from 1st to 6th floors and a total of 13 floors for residential service apartments that comprises of studio rooms, 1- bedroom, 2- bedrooms, 1- bedroom penthouses and 2- bedroom penthouses.