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Nairaland Forum / Nairaland / General / Politics / Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). (3687 Views)
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Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by jejeproperty(m): 11:31am On Aug 09, 2017 |
The Singaporean Minister of State for Trade and Industry, Dr Koh Poh Koon, on his visit to Nigeria expressed his interest in the free trade zone as well as port development. The minister brought a trade delegation from Singapore to understand the market potential, and look for opportunities where they can either invest or set up a business in Nigeria. According to Koon, the Lekki Free Trade Zone (LFTZ) is something interesting for Singaporean companies to see, and would hopefully lead to greater awareness and excitement for Singaporean companies to explore business opportunities in Nigeria. The Tolaram Group, an international private consortium and promoters of the LFTZ while talking about the development in the Zone, stated that although more investors are indicating interest in the massive development project, only four industries have commenced operations in the Zone. The consortium said so far, it has a combined project value investment of about $150 million for the development of the four factories, while it plans to invest more funds as new industries spring up at the facility. The factories include the TG Arla, manufacturers of Dano Milk; Palm Oil Refinery, producers of Power Oil; Cereals and Kellogg’s Production Company and the Insignia Technology Prints. In the same light, the Group Managing Director of Tolaram Group, Haresh Aswani, commenting on the $1.2 billion Lekki deep sea port project, stated that 2020 is still in view for its completion. He said that activities would build up in the next three months, while earth moving equipment would be deplored to site in December. We are pleased that the minister is visiting at this time because this is when work has actually commenced. So, he’s actually seeing the port project in the Greenfield basis, and we are hoping that in three years’ time when he comes back we would have completed the port project. The port project has started up, you will see activities building up in the next three months, and by December, and we expect full activities to commence at the site. The port would be completed in three years while the free trade zone is ongoing. We have to keep developing as new investors are coming in,” he added. With a capacity to handle 2.5million twenty-foot equivalent unit (TEUs) in its first phase of operations, Aswani further said the country’s largest deep sea port when extended to its second stage, would have the capacity to handle 4.5million TEUs. Do you need professional assistance in securing a real estate property and maintaining it? Then look no further consult our professional agents for suitable estate properties here in Lekki and beyond. Other Estates Available Commercial plots available upon request. #What are you waiting for, come and seal the deal. (Affordable and negotiable) For more enquiries/free site inspection, please contact: +2348063337234 (Call/Watsapp) 08063337234 or 08115078654, 07013332469 Facebook: www.facebook.com/jejeproperty4real/ Email: jejeproperty@gmail.com BLOG: www.jejeproperty..com website: www.jejeproperties.com Instagram @jejeproperty Reaching out to Individuals, Families, Corporative, Club Associations, Corporate Organizations
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Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by Blue3k(m): 12:52pm On Aug 09, 2017 |
That's cool the port going to be completed 2020. The consortium said so far, it has a combined project value investment of about $150 million for the development of the four factories, while it plans to invest more funds as new industries spring up at the facility. |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by wristbangle: 12:57pm On Aug 09, 2017 |
Nice one. Once these laudable projects(Badagry sea port, lekki sea port, dangote refinery, Eko Atlantic city, mono rail, etc) get completed, Lagos will give top economies in Africa serious run. Tolaram group is one of the richest group in the world and I can't wait for the lekki free trade zone to complete. Lalasticlala, over to u boss. 5 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by MasterChen: 12:59pm On Aug 09, 2017 |
wristbangle: Makes sense But that guy dey use style promote him business 3 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by wristbangle: 1:03pm On Aug 09, 2017 |
MasterChen: Lol which business come be that o Hope no be snake? 1 Like |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by MasterChen: 1:04pm On Aug 09, 2017 |
wristbangle: I meant the OP lol. Jeje.property. The guy don attach all him info under the post 1 Like |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by wristbangle: 1:09pm On Aug 09, 2017 |
MasterChen: Baba will do the needful na. Watch how he will remove those bullshit from his post. We have investment/properties sectio where he can advertised his real estate business 1 Like |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by MasterChen: 1:13pm On Aug 09, 2017 |
The LFTZ looks very promising. But again, I'm worried about the concentration of all these key projects in Lagos. Development needs to spread. The state is being choked. Other SW states need to buckle up. I'll keep blaming Mimiko and Amosun for playing politics with OKFTZ. Today, that project is a shadow of itself Ogun-Guangdong FTZ looked very promising at some point until the management was changed. Everything is back to square one again. Last year, we heard Amosun signed some deals with foreign investors to build pharmaceutical facilities there Still haven't heard anything since then. 5 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by omowolewa: 1:18pm On Aug 09, 2017 |
LFTZ, just a plot of Land there and am in money! Ibadan needs something like this with an inland depot which can be well propelled with the Rail line. OYFTZ can service other SW and M/Belt states. 1 Like |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by wristbangle: 1:23pm On Aug 09, 2017 |
MasterChen: U have spoken well bro. Everything in Nigeria are just mere words which attains zero or little percentage to actual development 1 Like |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by MasterChen: 1:26pm On Aug 09, 2017 |
Modified 2 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by MasterChen: 1:30pm On Aug 09, 2017 |
wristbangle: The number of fake MOUs wey some governors don sign ehn I don't get too excited anymore until I see things executed 5 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by deomeelo: 1:30pm On Aug 09, 2017 |
In the same light, the Group Managing Director of Tolaram Group, Haresh Aswani, commenting on the $1.2 billion Lekki deep sea port project, stated that 2020 is still in view for its completion. Finally, we are getting somewhere. Dangote refinery largest single refinery in the world, largest fertilizer plant in Africa, largest petrochemical and gas plant in Africa to be ready by 2019 and the deep seaport by 2020? Lagos don hammer big time. 6 Likes 1 Share |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by deomeelo: 1:33pm On Aug 09, 2017 |
wristbangle: Like Dangote refinery right? I know you are used to fake MOUs and silly internet projects by some useless governors mostly in the SE, but same doesn't apply when it comes to sane, credible and sensible investors and leaders in Lagos state unless you have valid evidence of what they promised, started or abandoned. 3 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by MasterChen: 1:41pm On Aug 09, 2017 |
deomeelo: He wasn't alluding to the LFTZ or Lagos in particular. He was talking about Nigeria in general 3 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by wristbangle: 2:01pm On Aug 09, 2017 |
MasterChen: Deomeelo, Let us criticise constructively so we won't be like a governor known for MOU award. I am speaking of Nigeria as a whole. Kudos to LG govt. SW on the increase MasterChen: Thanks for making him understand. Omofunaab2: Oh that's nice. Good development. When would ogun commence it's own? 4 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by Omofunaab2: 2:02pm On Aug 09, 2017 |
MasterChen: Bro, Work has commenced in regards the Oyo free trade zone. Along the Ibadan end of lagos-ibadan express way It was shown on channels yesterday... 7 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by MasterChen: 2:04pm On Aug 09, 2017 |
Omofunaab2: Wow! That's nice. Abeg swing me the link on the Ib thread for the other side 2 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by MasterChen: 2:06pm On Aug 09, 2017 |
======= |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by deomelo: 2:48pm On Aug 09, 2017 |
MasterChen: ...but Nigeria in general shouldn't be compared with private investors in Lagos and the LASG, that was my point. 2 Likes |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by Omofunaab2: 3:11pm On Aug 09, 2017 |
wristbangle: Last, i heard about Olokola was that akeredolu had a committee set up to look into it. Major investors had already pulled out of the project... . Amosun and Mimiko messed up that project... https://www.thisdaylive.com/index.php/2017/04/28/kupolokun-heads-committee-on-olokola-free-trade-zone/ Don't really know much about the Ogun-Guandong at igbesa.. . MasterChen go sabi dat one 1 Like 1 Share |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by jejeproperty(m): 4:06pm On Aug 11, 2017 |
Be part of the investment and make your future brighter. |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by jejeproperty(m): 7:44pm On Aug 11, 2017 |
now is the time 1 Like |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by jejeproperty(m): 11:41am On Aug 13, 2017 |
Be part of the investment and make your future brighter. 1 Like 1 Share |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by Guestlander: 12:21pm On Aug 13, 2017 |
Lagos is sprinting ahead while some other states are confused and scratching their heads. 1 Like 1 Share |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by jejeproperty(m): 2:09pm On Aug 15, 2017 |
Do you need professional assistance in securing a real estate property and maintaining it? Then look no further consult our professional agents for suitable estate properties here in Lekki and beyond. |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by jejeproperty(m): 1:37pm On Aug 18, 2017 |
Call jeje on +2348063337234, 08115078654 Whatsapp +2348063337234 |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by MrMaestro: 1:52pm On Aug 18, 2017 |
Wow, minister Singapore trade, this might have been his real reason for visiting Nigeria. |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by victorDanladi: 2:21pm On Aug 18, 2017 |
deomeelo:and non is own by them but they will claim 75% by 2025 |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by victorDanladi: 2:27pm On Aug 18, 2017 |
deomeelo:that is why they are surprised at what they see in eko atlantic city.some people still believe eko atlantic cityis just on paper. 2 Likes 1 Share |
Re: Singaporean Investors To Invest In Lekki Free Trade Zone (LFTZ). by jejeproperty(m): 5:03pm On Aug 18, 2017 |
Be part of the investment and make your future brighter. |
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