Categories: metro

Governor Sanwo-Olu signs MoU with Del-York to build media, film city in Lagos

Del York International Group and Lagos State Government have signed an agreement to transform the face of the creative industry on the continent of Africa.

The formal signing ceremony of the Memorandum of Understanding was for the development of an ultra-modern Film and Media City in Epe between the two parties.

This is said to be a major climax to Lagos State’s Ehingbeti Investment Summit.

It is a major game-changer project on the African continent, and one that promises to position the state as a central hub for the entertainment industry in Africa.

The Chairman of Del-York International Group, Mr Linus Idahosa, signed on behalf of his group and Lagos State Commissioner for Tourism, Mrs Uzamat Akinbile-Yusuf, signed on behalf of the Lagos State Government in the presence of Lagos State Governor Babajide Sanwo-Olu.

Speaking at the signing ceremony, the governor expressed excitement at the prospect of the impending investment into the state as he recounted the recent history of the project and the fact that the signing was the culmination of 18 months of diligent effort by the Del-York team and members of the Lagos State Government.

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The governor said, “I would like to thank the Del York Team for all their great work so far. I recall my last visit to the United States; they took us on a tour of the Trilith Studios in Atlanta to see first-hand what they wanted to build in Lagos and subsequently to an investment summit in Washington D.C, to meet with investors for the project. We want to give Nigerians who are creatives an opportunity to develop themselves to world-class stands and an ecosystem where they can learn, work and thrive in a serene atmosphere. I believe this project will achieve that to the benefit of all Lagosians. I thank all the traditional rulers in Epe for being such good hosts for the project and look forward to its positive impact on their community in Epe upon its completion.”

According to The Sun (newspaper), the Lagos Film and Media City is envisioned as a sanctuary for leisure, entertainment, and learning, where all film and creative industry professionals can live, work, learn and play in a peaceful and conducive environment. This destination would encompass best-in-class facilities intermingled with appurtenances that support a modern sustainable city; multiple sound stages, a technology park, a School of Creative Arts & Entrepreneurship, a theme park, residential and commercial real estate, a Nollywood Walk of Fame, and front & backlot infrastructure for varied film environments are just some of the features that are promised on this significant development that will no doubt put Lagos on the global creative industry map.