Lagos Free Zone to Attract US Investments – Consul General
William Stevens, the United States Consul General in Nigeria, has lauded the potential of the Lagos Free Zone to attract increased foreign direct investments from the United States. During a tour of the free zone with a delegation from the United States Consulate General, Stevens highlighted the zone’s extensive infrastructure and various incentives, including its integration with the Lekki Deep Sea Port.
Expressing satisfaction with the facilities at the Lagos Free Zone, Stevens emphasized the outstanding business relationship between Tolaram, the zone’s partner, and US companies. He noted that the opportunities provided by the Lagos Free Zone have enabled American investors to deepen their presence in the Nigerian market by introducing world-class goods and services.
Stevens emphasized that the influx of investments from US companies not only strengthens economic ties between Nigeria and the USA but also underscores the unique incentives offered by the Lagos Free Zone for American companies seeking a robust presence in the Nigerian market.
Reflecting on the partnership between Tolaram and US companies, Stevens remarked, “We are constantly looking at how we can attract more American companies to this market both in terms of investment and trade.”
Dinesh Rathi, the Chief Executive Officer of Lagos Free Zone, affirmed that the zone remains the preferred investment destination, showcasing world-class infrastructure and enticing incentives for potential investors. The recognition from the US Consul General underscores the strategic importance of the Lagos Free Zone in fostering economic partnerships and attracting foreign investments to Nigeria.
