Lekki Port Development Scheme Kicks Off
- Business & Finance
The Lekki Port LFTZ Enterprise (LPLE) has started major construction works on the Lekki Deep Sea Port in Lagos State, local media reports.
The port construction operations are being carried out by two major companies: China Harbor Engineering Company Limited (CHEC), the engineering and construction arm of China Construction and Communication Company (CCCC) and Louis Berger Group, USA.
“We are working tirelessly in conjunction with China Harbor Engineering Company to deliver a port which will be a state-of-the-art, model deep sea port, not only in Nigeria but in sub-Saharan Africa” said Acting Director General of the Infrastructure Concession Regulatory Commission (ICRC), Chidi Izuwah.
Upon completion, this facility will be one of the most modern ports, supporting the burgeoning trade across Nigeria and the entire West African region as well as providing the connection to global shipping network.
The project is being promoted by Tolaram Group (Lead Sponsor), with the Nigerian Port Authority and Lagos State Government as equity investors.