a) Size of Lekki Free Trade Zone

Lekki Free Trade Zone is set to cover about 155 square kilometers. The LFTZ is located in the southeastern corner of Lagos State, facing the Atlantic Ocean to the south and the Lekki Lagoon to the north.

It is one of the numerous projects that are set to change the face of Lagos. It is considered a game-changer as it will make Lagos the destination place for commerce.

b) MAP AND LAYOUT OF LFTZ

The Lekki Free Trade Zone map is a guide to what to expect when the project is finally completed. For a place that is considered six times the size of Victoria Island – one of the major business hubs in Lagos, you definitely want a map.

Lekki Free Trade Zone when complete is expected to accommodate a total of 120,000 people for residential purposes. Another thing that is glaring from the Lekki Free Trade Zone map is that it is divided into two – south and north. The north is mainly for residential purposes and the south is for commercial purposes.

However, from the master plan of the LFTZ, it is characterized by two centres, two axes, three districts, multiple nodes, and axial penetration.

c) Lekki Free Trade Zone Influence on Real Estate

The Lekki Free Trade Zone is expected to have a considerable amount of influence on the real estate industry in the country. It is definitely expected for a project of its size. The big question is, what does this mean to the real estate industry? What does it mean to the Ibeju Lekki area of Lagos state?

No matter how you choose to view it, the LFTZ will influence the real estate industry and properties in the area. This is why Ibeju Lekki area of Lagos is fast becoming one of the hot spots for investment in the state.

Since the future of the area is promising, it is not surprising to see lands for sale in Ibeju Lekki and its environs.

Either you are investing in land or properties (commercial or residential), you will definitely double your investment when the project is completed. The influence of the Lekki Free Trade Zone can only be positive as real estate properties will definitely appreciate.


d) Hub for Investors

Lekki Free Trade Zone is definitely one project that you will expect to get lots of investors. With over 200 million people from the West African market and about 600 million from both US and European market, investors are definitely abound.

The strategic location of the LFTZ is what makes it the perfect destination. It is positioned in such a way that it is open to all forms of transportation – land, air, and water. For investors who intend to not only do business in Nigeria, it opens them to all of Africa and the world.


e) Biggest Job Creation Zone

The Free-trade zone is expected to provide about 300,000 direct jobs and about 600,000 indirect jobs. While the Dangote Oil Refinery is expected to create about 235,000 jobs

f) Companies In Lekki Free Trade Zone

Though the entire project is yet to be completed, there are quite a number of companies in Lekki Free Trade Zone already. All these only points to one thing; that the area is business-worthy and definitely the future of Lagos. The array of business opportunities in the Free-trade zone area cannot be overlooked.

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