Sanwo-Olu Signs MoU With Del York To Build Media, Film City In Lagos
Sanwo-Olu Signs MoU With Del York To Build Media, Film City In Lagos
In a major highlight and climax to Lagos State’s Ehingbeti Investment Summit, Messrs. Del York International Group and the Lagos State government signed what was a monumental agreement that is set to transform the face of the creative industry on the continent of Africa.
This segment of the event was specially dedicated to the formal signing of thememorandum of understanding for the development of an ultra-modern film and media city in Epe between the two parties; a major game-changer project on the African continent and one that promises to position the state as a major hub for the entertainment industry in Africa.
The Chairman of Del York International Group, Mr. Linus Idahosa, signed on behalf of his group and the Commissioner for Tourism, Pharm. Mrs. Uzamat Akinbile-Yusuf, signed on behalf of the Lagos State government in the presence of the governor.
Speaking at the signing ceremony, Mr. Babajide Sanwo-Olu shared his unbridled 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.
According to the governor: “I would like to thank the Del York Team for all their effort so far. I recall on 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 DC 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 and 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”.
The Lagos film and media city is envisioned as a sanctuary for leisure, entertainment, and learning; a place where film and all types of creative industry professionals can live, work, learn and play in a peaceful and conducive environment with 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 major development that will no doubt put Lagos on the global creative industry map.
Speaking at the signing, Linus Idahosa, President of Del York International Group, spoke of his group’s commitment to making the project a reality and the many milestones that had thus far been achieved towards its imminent delivery.