Tuesday 23 April 2013

The Lagos State Lekki Port To Generate $200 Billion,163,000 Jobs




If what the managing director of lekki port LFTZ is saying is true meaning Nigeria economy we surely benefit from this great business idea by the lagos state Govertment,just wish other state Govertment can come up with such a wonderful idea and stop waiting for monthly allocation from the federal Govertment.....

The managing director  Lekki Port LFTZ , Mr. Haresh Aswani has projected that the state-of-the-art Lekki Port project, scheduled to be operational by third quarter of 2016 will generate $200bn revenue and create 163,000
new jobs.


Located in the Lagos Free Trade Zone at the Lekki suburb, Aswani explained that the Lekki Port, conceptualized as a multi-product industrial and logistics hub would spread across 90Ha of land and shall be built at an estimated cost of

$1.55 billion. He further said the deep-sea port which will be located 65 km east of Lagos Mainland shall become the gateway to West African region and would be one of the most efficient and modern maritime facilities that will cater to containerized, liquid and dry bulk cargo par international standards. “In addition to bridging the capacity deficit,
Lekki Port will have significant positive macroeconomic impact estimated at $361 billion over the entire concession period. It's expected to contribute more than USD 200 billion to the government exchequer while also creating close
to 163,000 new jobs in the economy.


Could this really be true?

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