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CAPITAL PROJECTS Nov 2013 AFRICAN FUTURE CITIES

Capital projects - African Future Cities (overview of selected projects)

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Futuristic and very cyber-age techno cities are being planned all across different parts of Africa. These independently planned cities form part of a broad strategy to gain critical infrastructure, technology, capacity, as well as strategic competitive advantage in the various geographies. Furthermore these will provide much needed job opportunities as well as accommodation, attracting investments and thereby facilitating further economic growth and competitiveness This pack covers 5 proposed developments across Africa in Nigeria, Ghana, Kenya, DRC and South Africa, each of which has the potential of significant impact in its area These projects are by virtue of their size (both in terms of physical size and budget) complex mega capital projects. Hope you find it interesting! Google

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  • 1. CAPITAL PROJECTS Nov 2013 AFRICAN FUTURE CITIES
  • 2. PS: This presentation includes a selection of the City development projects underway INTRODUCTION: 5 City-development type MEGA CAPITAL PROJECTS currently under way, OR being planned in various parts of 2
  • 3. 3
  • 4. LARGEST & FASTEST GROWING CITIES 4
  • 5. 5 examples of planned developments in various parts of Africa 5
  • 6. #1 EKO ATLANTIC 6
  • 7. EKO ATLANTIC 6 24.634', 3 24.684' Eko Atlantic is a new City development being built directly adjacent to the City of Lagos. Eko Atlantic is a public/private partnership. South Energyx Nigeria Limited, a subsidiary of the Chagoury Group, is the primary planner and developer of Eko Atlantic. Estimated cost: Unknown Commencement : 2008 Completion : Basic groundworks estimated 2015 7
  • 8. The story of Eko Atlantic starts between 2003-2005, when the City was investigation potential solutions for severe coastal erosion. Lagos is subjected annually to significant wear and tear of its coast line, due to waves and currents from the Atlantic Ocean. This poses a serious threat to the financial district, and investment in capital infrastructure in the City. To combat the erosion from the sea and reclaim land lost over hundreds of years , building began on what was to become the Great Wall of Lagos, to protect the City. This plan formed the foundation for Eko Atlantic Key data (estimates): Planned 8 km wall with an average 18 m depth, and 45 m wide at its base Made of layers of rock, gravel and an estimated 100,000 concrete blocks called accropodes (each weighing 5 tons each) An area of 10,000,000m is being reclaimed from the ocean in the process By completion 140 million tons of sand (95 million cubic metres) would have been dredged and or moved during the construction process. EKO ATLANTIC 8
  • 9. EKO ATLANTIC 6.418598 N, 3.410139 E Main background photo dated July 2013 EKO ATLANTIC 9
  • 10. EKO ATLANTIC 6.418598 N, 3.410139 E EKO ATLANTIC / 10
  • 11. FOR MORE INFORMATION: http://www.ekoatlantic.com/ http://www.chagourygroup.com/real- estate/eko-atlantic/ http://en.wikipedia.org/wiki/Eko_Atlantic http://www.royalhaskoning.com/en- GB/Fields/InfrastructureAndPorts/TrafficAndT ransport/Pages/EkoAtlanticMasterplanDevelo pment.aspx http://nefezycorp.blogspot.com/2013/03/the- great-wall-of-lagos-50-complete.html http://www.ventures-africa.com/2012/12/eko- atlantic-city-a-mammoth-new-development- on-the-coastline-of-lagos/ INTERESTING VIDEOS: http://www.ekoatlantic.com/media/video- gallery/ PHOTO CREDITS: Eko Atlantic EKO ATLANTIC 11
  • 12. #2 LA-CITE-DU- FLEUVE
  • 13. LA-CITE-DU-FLEUVE Cite-du-Fleuve (River City) is also referred to as the new Manhattan a planned development situated on reclaimed land space in the sandbanks and marshes of the Congo river, directly adjacent to Kinshasa in the Democratic Republic of Congo (DRC) The development will be linked to the main land by roads leading to the city and to the airport. River City appears to be funded by private sector developers Estimated cost: unknown Commencement : reclaiming process June 2009 Completion : unknown 13
  • 14. Limited information is available on this project. Based on photographic evidence, building on some of the apartment units have begun. Construction progress: Reclaiming commenced in 2009 Key data (estimates): Planned area of 375 hectares, Including 10,000 apartments, 10,000 offices, 2,000 shops, 15 diplomatic missions, three hotels, two churches, one university, three health centres and a shopping centre LA-CITE-DU-FLEUVE 14
  • 15. LA-CITE-DU-FLEUVE 15
  • 16. EKO ATLANTIC / LA-CITE-DU-FLEUVE FOR MORE INFORMATION: http://www.lacitedufleuve.com/aboutus.ph p http://www.bbc.co.uk/news/world-africa- 14595625 INTERESTING VIDEOS: https://www.youtube.com/watch?v=8o4B3 ZW8YWg https://www.youtube.com/watch?v=wdEP Kh5C1hE PHOTO CREDITS: http://www.lacitedufleuve.com/aboutus.ph p 16
  • 17. #3 KONZA TECHNO CITY
  • 18. KONZA TECHNO CITY Konza Techno City is an ambitious initiative by the Kenyan Government, to develop a mixed use technology park of approximately 5000 acres, in a location 60 km from Nairobi (Malili Ranch) Konza is a Public Private Partnership, driven by the Konza Technopolis Development Authority KOTDA Estimated cost: U$ 14.5 billion Commencement : Master plan phase 1 Completion : 2030 Phase 1 of Master Plan 18
  • 19. The concept behind Konza came about as a result of feasibility studies initiated by the Government to stimulate the local economy and capture a share of the world-wide lucrative BPO (business process outsourcing) industry Konza Techno City aims to attract: Business Process Outsourcing (BPO) Software Development Data Centers Disaster Recovery Centers Call Centers and Light assembly manufacturing industries Construction progress: Ground breaking Jan 2013 Key data (estimates): Phase 1: 400-acre - 1.5 million square meters of initial real estate development Estimated US$750 million to be spent on on-site infrastructure and US$310 million of off-site infrastructure. Full build out of Phase 1 (2013- 2017) is expected to attract 30,000 residents, 7,500 knowledge workers, and 16,700 total workers. It is recognized that attracting companies will require a strategy rooted in urban development best practices. KONZA TECHNO CITY 19
  • 20. KONZA TECHNO CITY 20
  • 21. EKO ATLANTIC / KONZA TECHNO CITY FOR MORE INFORMATION: www.konzacity.co.ke http://en.wikipedia.org/wiki/Konza_Techno logy_City http://www.doitinkenya.co.ke/pdf/Konza% 20Summary%20Document.pdf http://www.heavychef.com/konza- kenya%E2%80%99s-silicon-savannah- begins/ http://www.ventures- africa.com/2013/09/konza-techno-city- africas-silicon-savannah/ INTERESTING VIDEOS: http://www.konzacity.co.ke/about-2/cgi-fly- bys/ http://vimeo.com/60562929 PHOTO CREDITS: 21
  • 22. #4 HOPE CITY
  • 23. HOPE CITY Hope City is a Technology park (high tech IT hub) development planned in Ghana. The complex is planned to provide space for factories for building tech products, a technology university, office spaces, residential spaces, a hospital, restaurants, theatres, and sports facilities Estimated cost: $ 10 billion Commencement : Planned for March 2013 Completion : Unknown 23
  • 24. Hope City is backed by AGAMS Group and Rlg Communications , with support from the Government of Ghana Construction progress: Unknown Key data (estimates): Designed as a vertical city of towers linked together by bridges at different heights, with both public and private facilities. Ssix towers planed: one tower of 270 m height (75 stories), two towers of 216 m height (60 stories) and three towers of 152 m height (42 stories Gross Floor Area of approximately 1,200,000 sqm Anticipated to house 50 000 workers and 25 000 residents HOPE CITY 24
  • 25. EKO ATLANTICHOPE CITY / 25
  • 26. FOR MORE INFORMATION: http://www.rlgghana.com/index.php/2013- 02-07-11-25-04.html http://www.afritecture.org/architecture/hop e-city http://www.openbuildingresearch.com/ind ex.php/hope-city-project http://www.itsliquid.com/hope-city.html INTERESTING VIDEOS: PHOTO CREDITS: http://www.openbuildingresearch.com/ind ex.php/hope-city-project HOPE CITY 26
  • 27. #5 WESCAPE
  • 28. WESCAPE Wescape is a newly planned development, to be situated in an area which has been dubbed the West Coast Growth Corridor, close to the City of Cape Town, South Africa Wescape is currently a privately funded initiative Estimated cost: $ 15 billion Commencement : 2015 Completion : 20 years 28
  • 29. The proposed Wescape development is located approximately 25 km from the City of Cape Town, which has been growing at a higher rate than the average for the rest of the country. This growth, combined with limited opportunities for expansion due to the Citys unique location nestled next to Table Mountain, has brought about the investigation of alternative feasible solutions to the current development challenges faced Construction progress: Unknown Key data (estimates): Area 3 100 hectares Residential units 200,000 with estimated residents of 800,00 300,000 jobs to be created 1.7 mil m of lettable commercial space WESCAPE 29
  • 30. EKO ATLANTICWESCAPE / 30
  • 31. FOR MORE INFORMATION: http://wescapelife.co.za/ http://en.wikipedia.org/wiki/Wescape http://www.bellandia.co.za/assets/current- developments/wescape/project- presentation.pdf INTERESTING VIDEOS: http://www.youtube.com/watch?v=qKjnP_ dTIL8 PHOTO CREDITS: http://wescapelife.co.za/ ` WESCAPE 31
  • 32. Click here to read Chapter 2 Hyperlink
  • 33. DISCLAIMER This presentation is provided in the sake of public interest, and has been compiled based on publically available information sources on the web. This presentation IS NOT a solicitation for any type of investment, financial or otherwise, nor is this presentation an opinion expressed on, nor endorsement of the commercial feasibility; or any other technical aspect of such proposed developments. The author is not associated with, contracted to or employed by any of the developments featured in this presentation, nor any of their agents or principals in any manner. The rights in the graphic artwork and photos used in this presentation belongs to, and are courtesy of the respective owners thereof. Unless where otherwise indicated, I dont claim to have any rights therein. Clipart courtesy Ocal (www.openclipart.org) Lagos courtesy Reuters Gorilla babies courtesy fileacn (flickr) Waterfall courtesy Stig Nygaard (flickr) Table Mountain Self Others courtesy various (flickr and others sources) 33