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Investment Opportunities
The Abuja Boulevard is strategically located in the very heart of the Federal Capital City. It is very close to the Three Arms Zone, the seat of Government and accommodates parts of the Federal Ministries, diplomatic zone, the Cultural Zone as well as the Central Business District, which makes it the most primed area in the whole of the African continent. It is expected to be the perfect living, business and entertainment environment geared towards developing a healthy and ideal community. It will boast of elegant structures comprising big shopping malls, luxury apartments, big corporations, restaurants, banks, casinos, cinemas and other forms of recreation and entertainment, 24 hours of the day.
The facilities in the Boulevard would guarantee a continuous flow of business in the City, hence contributing to enhancing the economic and social value of Abuja. This would translate to a lot of job opportunities and an exciting rejuvenation of the Federal Capital City.
The facilities in the Boulevard would guarantee a continuous flow of business in the City, hence contributing to enhancing the economic and social value of Abuja. This would translate to a lot of job opportunities and an exciting rejuvenation of the Federal Capital City.
In the course of developing the boulevard area, investments opportunities come in the areas of construction, engineering, consultancy, supply and manufacturing.
During the development of the boulevard area, which is basically construction work, a lot of construction contractors will be attracted to participate in the development. This will enhance the growth of these participants financially and technically as new innovations in technology will be put to use to accomplish the standards outlined in the scheme.
The manufacturers and suppliers of building materials and other materials used in the building industry will receive a great boost in their finances as a lot of them will be greatly involved in the execution of the scheme. For instance, for the manufacturers of long span roofing sheet will receive a boundless market during the period of developing the boulevard area as large quantity of roofing sheet will definitely be used.
During the development of the boulevard area, which is basically construction work, a lot of construction contractors will be attracted to participate in the development. This will enhance the growth of these participants financially and technically as new innovations in technology will be put to use to accomplish the standards outlined in the scheme.
The manufacturers and suppliers of building materials and other materials used in the building industry will receive a great boost in their finances as a lot of them will be greatly involved in the execution of the scheme. For instance, for the manufacturers of long span roofing sheet will receive a boundless market during the period of developing the boulevard area as large quantity of roofing sheet will definitely be used.
Development
| 1. | Transportation Services |
| 2. | Parking Facilities Provision |
| 3. | Banking |
| 4. | Hotels |
| 5. | Shop Outlets/Office/Accommodation |
Transportation
Public transportation, such as metro rail and rapid bus systems, is the wave of the future. Traffic congestion results in billions of additional hours each year wasted behind the wheel and are one reason that Nigerians consume large amount of motor fuel every year. Transit lanes (NS2 and NS12) will reduce traffic congestion by taking hundreds of cars off the road and plays a critical role in decreasing global warming pollution, and sprawl.
Transportation service is one area that will be greatly explored as various commercial activities become fully functional within the boulevard area. The transportation services that could be explored come in the following areas:
Public transportation, such as metro rail and rapid bus systems, is the wave of the future. Traffic congestion results in billions of additional hours each year wasted behind the wheel and are one reason that Nigerians consume large amount of motor fuel every year. Transit lanes (NS2 and NS12) will reduce traffic congestion by taking hundreds of cars off the road and plays a critical role in decreasing global warming pollution, and sprawl.
Transportation service is one area that will be greatly explored as various commercial activities become fully functional within the boulevard area. The transportation services that could be explored come in the following areas:
Commerce
A wide range of commercial activities will be viable as the boulevard scheme gets delivered.
The commercial activities will come in the following areas:
A wide range of commercial activities will be viable as the boulevard scheme gets delivered.
The commercial activities will come in the following areas:
| 1. | Metro rail conveying people from one point to the other |
| 2. | Buses(dedicated) also conveying people from one point to the other |
Transportation services when fully or adequately provided will benefit the providers of these services as income will be enormously generated.
Parking Facilities
There are seven separate plots that have been designated for multi-level parking lots within the boulevard area as it seeks to further minimize the traffic conflict which to an extent is already experienced within the FCT. The facilities will be provided and managed by private investors.
As an investment opportunity the parking facilities will without doubt give a boost to the finances of the providers as car owners will pay to have their car/ vehicles conveniently parked and secured.
There are seven separate plots that have been designated for multi-level parking lots within the boulevard area as it seeks to further minimize the traffic conflict which to an extent is already experienced within the FCT. The facilities will be provided and managed by private investors.
As an investment opportunity the parking facilities will without doubt give a boost to the finances of the providers as car owners will pay to have their car/ vehicles conveniently parked and secured.
Banking
This is one area that as over the year’s experienced immersed growth as far as Nigeria economy is concerned. With the wide spread of commercial activities that is been foreseen within the boulevard area, the provision of banking services cannot be over emphasized.
The strategic location of the bank within the boulevard area gives them a greater publicity as more costumers is generated because of the activities within this area, giving them access to commission derived from foreign exchange. Financing in another area where banks will key into in benefitting from the boulevard scheme.
This is one area that as over the year’s experienced immersed growth as far as Nigeria economy is concerned. With the wide spread of commercial activities that is been foreseen within the boulevard area, the provision of banking services cannot be over emphasized.
The strategic location of the bank within the boulevard area gives them a greater publicity as more costumers is generated because of the activities within this area, giving them access to commission derived from foreign exchange. Financing in another area where banks will key into in benefitting from the boulevard scheme.
Office Blocks
The provision of office accommodation is inevitable in any urban setting; the boulevard scheme will embrace the provision of office blocks and spaces for various business opportunities.
This will be an ample opportunity for investors in real estate to acquire land within the boulevard area to develop, manage and lease their developed properties as office blocks.
The provision of office accommodation is inevitable in any urban setting; the boulevard scheme will embrace the provision of office blocks and spaces for various business opportunities.
This will be an ample opportunity for investors in real estate to acquire land within the boulevard area to develop, manage and lease their developed properties as office blocks.
Hotels & Residential Apartments
In view of the expected size of the tourism and commercial activities in the proposed boulevard scheme which will result in greater human inflow, investors in real estate may also benefit from hotel and residential apartment development and management.
In view of the expected size of the tourism and commercial activities in the proposed boulevard scheme which will result in greater human inflow, investors in real estate may also benefit from hotel and residential apartment development and management.
One of the main areas in which investment can be made in the boulevard area is through shops outlet, as, the strategic location of this shops makes provision for a round the clock shopping (24 hours commercial activities), the significance of investing in shops within the boulevard area cannot be over emphasized.
Investment opportunities in shopping malls can come inform of:
| · | Development & management |
| · | Leasing |
| · | Operating |
Recreational Centres
The provision of recreational facilities will constitute a good percentage of investment within the boulevard area.
Public area in cooperating children play grounds, relaxation spots, games and sport facilities are avenues through which revenue will also be generated by investors in the scheme.
The provision of recreational facilities will constitute a good percentage of investment within the boulevard area.
Public area in cooperating children play grounds, relaxation spots, games and sport facilities are avenues through which revenue will also be generated by investors in the scheme.
Shopping Malls
Waste & Facility Management
Management is vital in any setting where there is high human traffic and activities.
Waste and facility management will definitely form a good part of the boulevard scheme. This enhances durability, serviceability and functionality of the facilities that will be put in place within the boulevard and control environmental hazards that may pose a threat to the boulevard users. Management Services provided within this area will adequately generate revenue to the providers.
Management is vital in any setting where there is high human traffic and activities.
Waste and facility management will definitely form a good part of the boulevard scheme. This enhances durability, serviceability and functionality of the facilities that will be put in place within the boulevard and control environmental hazards that may pose a threat to the boulevard users. Management Services provided within this area will adequately generate revenue to the providers.
