At last, $1.5bn Lekki Deep Seaport completed, 170,000 jobs expected

China Habour Engineering LFTZ Enterprise (CHELE), a subsidiary of China Habour Engineering Company Limited (CHEC), the Engineering, Procurement, and Construction (EPC) contractor for Lekki Port, on Monday announced the completion of the construction of the Port, one of the biggest deep-sea ports in West Africa.

Governor of Lagos State (one of the shareholders of Lekki Port), Mr. Babajide Sanwo-Olu, expressed delight with the completion of the construction of the port affirming  that the state government’s commitment to the timely delivery of the road infrastructure network around the Ibeju Lekki axis to ensure the seamless evacuation of cargo from the port.

Vice President of CHELE, Mr. Wu Di, Di disclosed that the construction of the port was officially started on June 15, 2020, and revealed that the total contract value of the EPC for the project’s first phase is 581 million US dollars.

In his remarks, the Chairman, Board of Directors, of Lekki Port, Mr. Biodun Dabiri, expressed profound appreciation to the promoters of the project, CHEC and Tolaram for the bold decision to invest in maritime infrastructure which will help in Nigeria’s journey to economic prosperity.

Also speaking at the event, the General Project Manager of CHELE, Mr. Xie Xianju, expressed great delight that the construction was now completed. He noted that the Port would be the destination of choice because it is the first deep sea port with a capacity to take large vessels. He commended the team, partners and suppliers for their contribution to the successful completion of the construction.

Managing Director of Lagos Free Zone, Mr. Dinesh Rathi, expressed delight at the timely completion of the construction of the port. He noted that the port would further position LFZ as the next frontier for investment in Nigeria and increase foreign direct investment to Lagos State and Nigeria.