EPC Contractors and China Harbour Engineering LFTZ Enterprise, received an advance payment of N1.42bn from the Lagos State Government to begin work on the construction of the N325bn Lekki sea port situated in Ibeju-Lekki, Lagos State.
The management of the Lekki Port Lagos Free Trade Zone Enterprise has announced the commencement of work on the construction of the N325bn Lekki seaport situated in Ibeju-Lekki, Lagos State.
The master plan of Lekki Sub region includes several Estates, gated residential developments, agricultural farmlands, areas allocated for a Free Trade Zone (FTZ), an airport, and a sea port.
Managing Director of Nigerian Ports Authority. Alhaji Sanusi Bayero described the notice-to-proceed on construction issued to the contractors as a significant leap and stated the NPA’s resolution to tap into the huge market provided.
He said, “As a port authority, we see potential for growth and strive to make it a reality at all times. A port with a depth of 16.5 metres will allow bigger vessels to berth.
The Managing Director, Lekki Port, Mr. Haresh Aswani, said, “We are honoured to be part of this promise. We thank the Federal Government of Nigeria and its agency, the NPA, and the Lagos State Government for their support as we look forward to this partnership.
“We congratulate the EPC Contractors, CHELE and our terminal container operator, the ICTSI, on achieving this significant milestone that pushes the project from a development phase into a full construction phase”
The event was attended by the Managing Director, Nigerian Ports Authority, Alhaji Sanusi Bayero; Head, Corporate Finance, Standard Chartered Bank, West Africa, Mr. Leke Ogunlewe; Lagos State Commissioner for Commerce and Industry, Mrs. Olusola Oworu; Senior Vice-President/Chief Executive Officer, Africa Region, International Container Terminal Services Incorporated, Jens Floe; and Managing Director, CHELE, Mr. Wang Zhichao, among others.