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Undoubtedly, the development of the seaport is strategic to the growth of the Lekki Free Trade Zone (LFTZ) Ibeju-Lekki.
The project is anticipated to have a significant impact on the economy of the country. Over the course of the concession, it can produce roughly 350 billion dollars in revenue for the state and more than 200,000 employment.
The Deep Seaport is anticipated to transform everything in West and Central Africa due to its size and depth. It is located in Lagos, a key hub for international trade, and offers a large 90 acre space for handling all kinds of goods. Its depth is 16.5 meters.
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| Feature credit image (treg): Lekki Deep Sea Port |
The Lekki DeepSea Port is a joint venture between the Federal Government, acting through the Nigeria Port Authority (NPA), the Lagos State Government, the Tolarams Group (owner of the Lagos Free Zone), and China Harbour Engineering Company. It involves investments totaling more than $1.5 billion.
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Due to the flood of trade, commerce, and investment brought on by the Lekki free trade zone, the real estate industry will undergo an industrial revolution. resulting in potential opportunities for direct and indirect investment for both international investors and real estate developers. Your desire to purchase land in Ibeju Lekki Estate is sufficiently stoked by this; nonetheless, the optimum time to do it is right now, before the price soars due to the area’s rapid expansion.
The best of investors have foresight. I advise you too do.
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