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In response to mounting concerns surrounding the construction of the Lagos-Calabar 1.5-kilometer Coastal Highway project, Nigerian real estate magnate Paul Onwuanibe, the founder and CEO of Landmark Africa Group, has moved to assuage fears regarding the potential impact on the Landmark Beach Resort.
Last week, Onwuanibe engaged with key stakeholders, including representatives from the Lagos State Government, Federal and State Ministries of Tourism, and the Federal Ministry of Works and Housing. The discussions centered on ensuring that the construction activities associated with the coastal highway project do not unduly disrupt operations at the Landmark Beach Resort, a key asset within the Landmark Group’s tourism portfolio.
Paul Onwuanibe optimistic after Minister’s visit
Following a visit to the resort by the Minister of Works, Senator Dave Umahi, Onwuanibe expressed optimism that ongoing deliberations would lead to measures that safeguard the resort’s operations, independent businesses, and the multitude of associated jobs. In a statement shared on social media platform X (formerly Twitter), he extended gratitude to the Minister for his personal attention to the matter and reiterated his hope for a mutually beneficial resolution.
“Further to the recent visit made by the Federal Minister of Works to the Landmark Ecosystem, I would like to thank the Honourable Minister, Senator David Umahi, for taking the time to visit and see first-hand the infrastructure, independent businesses, and tourism platform on the Landmark Beach,” Paul Onwuanibe.
Onwuanibe added. “Despite Senator Umahi’s busy schedule, we appreciate his concern for our industry. I remain hopeful that the ongoing discussions and deliberations will conclude in such a way that will preserve the Landmark Group’s tourism platform, the core of which is the Landmark Beach, the independent businesses, and the thousands of associated jobs.”
Landmark Africa’s proactive engagement for balanced development
Landmark Africa, with its extensive history and diverse portfolio exceeding 130,000 square meters of mixed-use space, emphasized its significant presence in Lagos, including its acquisition of beachfront property dating back to 2007, predating the conception of the coastal road project in 2012. The company underscored the importance of the coastal highway as an infrastructure initiative poised to stimulate the regional economy and enhance connectivity.
Through constructive engagement with government entities and stakeholders, Landmark Africa reiterated its commitment to seeking solutions that balance infrastructure development with the preservation of key assets and economic interests. The company’s proactive approach has yielded promising progress in recent discussions, signaling a pathway toward mutually beneficial outcomes.
As Landmark Africa navigates the complexities of the Lagos-Calabar Coastal Highway project, its commitment to constructive dialogue and collaboration underscores its pivotal role in shaping Nigeria’s infrastructure landscape. With optimism for positive developments on the horizon, stakeholders anticipate the project’s potential to drive economic growth and foster regional connectivity while preserving vital tourism assets.
