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Uvest is Building Ibadan’s First ‘Silicon Valley’ in Moniya.

Silicon Valley is the global hub for technological innovation, home to hundreds of thousands of businesses. It is also the epicentre of innovation, entrepreneurship, and a lifestyle based on technology, and this is exactly what Uvest, a startup Real Estate Technology company plans to replicate in Ibadan with its new ambitious project – Uvest Metro.

On the official website of Uvest, an excerpt says “the vision for Uvest Metro is to build the biggest tech startup scene in Oyo State”.

Uvest Metro sits on a 25-acre land with plans to acquire more; Which means that in the coming years, Metro will see a lot of tech enthusiasts, lovers, founders, and investors pouring in, as conversations are already ongoing with over seventeen (17) tech giants in Nigeria, to co-build innovation centres, and idea hubs in the Metro.

The Journey to Business Transformation at Silicon Valley

Silicon Valley is these days not only the epicentre of exponential technologies but the place where companies set an outpost to start their own journey to business transformation.
Most of the Valley’s early success came from either component like Silicon chips (from which the Valley got its name) or the hardware into which the chips were placed.

Silicon Valley grew up in the area between San Jose, California, and San Francisco as a result of Frederick Terman, the legendary dean of Stanford engineering school during the 1940s and 1950s. He created the tradition of Stanford faculty starting their own companies. A number of companies we still reference came out of Stanford during those years, especially Hewlett Packard and Varian Associates.

The San Francisco Bay Area was a very difficult place for the first computer chip entrepreneurs, it lacked the funding and research needed to establish transistor companies.

The region was six years behind major cities such as Boston and New York in the development of computer chip companies. It was also difficult to find talented employees since engineers with semiconductor expertise were concentrated in cities that already had transistor companies. 

Let us not forget to mention the fact that it is now possible to start a company anywhere, especially near a university. Let’s give Silicon Valley credit for establishing a culture of entrepreneurship, which is a culture of resilience, and then understand that digital media is not Paradise.

The Journey to Business Transformation at Uvest Metro

Moniya is a notable town in Akinyele Local Government Area of Oyo State, which gradually becoming an urban centre with the influence of urban expansion from the core to the peripheral areas. Presently, Moniya is the headquarters of Akinyele LGA. 

As revealed by a research study conducted in 2014 by Owoeye, J.O and Ogundiran, A.O, the Moniya axis of Ibadan need development to upgrade the quality of life.

Between the study period and the present day, the government has implemented some notable projects that have facilitated rapid development and growth in Moniya. One such project is “Ilu tuntun”, a business district planned for Ibadan by the state government. Another huge project worthy of note is the Moniya Train Station, and the Inland dry port. All are situated in Moniya.

The effects of these projects have been huge on the economic state of Moniya and have significantly boosted development; one of the biggest indicators is the seamless road network.

However, the state government has majorly driven all these efforts. Private entities have not fully grasped the opportunity to be driving forces for change, except Uvest.

As a real estate company touted and proven to be for the millennials – the young and bold. We have secured a 25-acre expanse of land close to the most notable projects in Moniya – and named it Uvest Metro.

The vision for Uvest Metro is to build the biggest tech startup scene in Oyo State. In the next 5 years, The Metro will see a lot of meet-ups and other important events for investors and founders located in the city. We are currently in more than 17 partnership conversations with the tech giants in Nigeria to jointly build innovation centres and idea hubs in the metro.

The presence of these companies will be a real game changer in the area, bringing raw talent (Especially from UI, Ibadan due to its close proximity), know-how, and capital to get things up and running.
Looking a bit closer, you would see the pattern emerging as it did in Silicon Valley. While Uvest Metro is to be tech-oriented, Uvest is not forsaking the residential aspect of the project.

Uvest Metro is planned to have a number of amenities designed to make it the most complete residential project in the region.
Some of the high-end amenities include underground electricity cables, lush green areas, concealed drains, and other sub areas meant for sports, tech, relaxation and others.

The Unique Grand Entrance Gate has been carefully designed to embody the vision as a community that is built to nurture. The Metro will feature 60ft Feet wide Main Road at the heart of the layout with a 10 ft wide water fountain.

Uvest Metro is more than just an idea at the moment, as construction has begun and other private bodies are in collaboration to bring this tech-oriented estate to life. You can get more details about this project on the website designed solely for updates on Uvest Metro.

In the meantime, you can reach Uvest via our social media platforms or mail us;
sales@uvest.homes

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