Business

Lekki port will attract investments –LFZ

Lekki port will attract investments –LFZ

The Chief Executive Officer of the Lagos Free Zone, Dinesh Rathi, has said that the newly commissioned Lekki deep seaport would boost Nigeria’s economy by increasing the volume of trade and attracting more foreign direct investment.

Raith, who spoke recently in Lagos, said the integration of the Lekki deep seaport and the Lagos Free Zone was an ideal investment destination, given the quality of infrastructure available within the zone.

He noted that the port would give unparalleled competitive advantages to investors at LFZ in terms of ease of doing business and trade efficiency.

Rathi congratulated the project shareholders, partners, and contractors for their concerted effort in actualising the project.

He expressed confidence that the combination of the port and the Lagos Free Zone would play a major role in boosting the country’s Gross Domestic Product and creating employment opportunities for the people.

“The commissioning of the Lekki Deep Seaport by the President, Major General Muhammadu Buhari (retd) marks a significant milestone for the government and the people of the great country of Nigeria as this project will greatly impact economic growth and development. Lekki port and LFZ will evolve together by creating an ecosystem that is the first of its kind in Nigeria. We express our sincere appreciation to the Federal Government, Lagos State Government and all the relevant government agencies/parastatals, especially our regulator, Nigerian Export Processing Zones Authority for their support throughout this entire journey,” he said.

Related posts

Fuel subsidy removal will improve businesses – Industrialist

Our Reporter

Dangote donates health, educational cacilities in Kogi

Editor

Expert urges FG to increase FX earnings to stabilise Naira

Editor

Companies inaugurate  100MW solar panel assembly factory in Lagos

Editor

Energy crisis driving up cremation costs in France – Reports

Editor

Business expansion: CBN urges SMEs in A’Ibom to exploit available interventions

By Shile GIWA