FIABCI Partnership To Unlock Fresh International Investment Opportunities For Lagos – Dayo Alebiosu

The Lagos State Government has expressed its readiness to tap into the global real estate investment community through a strategic collaboration with FIABCI (International Real Estate Federation), as it seeks to reposition and transform its waterfront infrastructure.

This was disclosed by the Commissioner for Waterfront Infrastructure Development, Hon. Ekundayo Alebiosu, on the sidelines of the recently concluded 75th FIABCI World Real Estate Congress, held at Eko Hotel & Suites, Lagos, from June 9 to 13, 2025. The event, which marked the first time the prestigious global congress was hosted on African soil, brought together over 400 delegates from around the world.

According to Alebiosu, the Lagos State Ministry of Waterfront Infrastructure Development is exploring multiple avenues for high-impact collaboration with FIABCI. These include attracting Foreign Direct Investment (FDI) into priority waterfront projects such as modern jetties, residential waterfront estates, floating hotels, and cruise terminals.

“We are looking to leverage FIABCI’s global network of real estate investors and technical partners to drive sustainable infrastructure development along our waterfront corridors,” the Commissioner stated.

Alebiosu added that one of the key takeaways from the congress is the commitment to sustainability and Blue Economy initiatives, particularly the need to establish a joint taskforce that will integrate Blue Economy principles into Lagos’s coastal development agenda. These principles include environmentally conscious development, marine resource protection, and coastal community upliftment.

He further noted that Lagos stands to gain significantly from hosting the FIABCI congress, not just in terms of exposure, but also through the exchange of ideas, investment leads, and technical expertise. He described the hosting of the congress in Lagos as “a game-changer” for the state’s waterfront ambitions.

In a related development, Alebiosu announced that the state government is already putting finishing touches to host its own International Waterfront Summit scheduled for July 2025. The summit, he said, will expand on the conversations held at the FIABCI congress and serve as a follow-up platform for deeper engagement with both local and international stakeholders.

“Our goal is simple,” he concluded. “To develop a world-class waterfront infrastructure in Lagos that supports tourism, transportation, housing, and environmental sustainability, and this partnership with FIABCI gives us a valuable foundation to build on.”

With these developments, Lagos appears poised to become a leading hub for coastal innovation and real estate investment in West Africa.