Vincent Toritseju
Lagos — Lagos Free Zone (LFZ), the first private free trade zone in Nigeria, has won the Regional (Africa) category of the Global Free Zones of the Year 2021 awards by the fDi Intelligence- a service from the Financial Times. The fDi Intelligence monitors foreign direct investment in infrastructure projects across the world.
Lagos Free Zone is a constituent company of the Singapore-based conglomerate, Tolaram, which is focused on investing in emerging market opportunities that propel growth and elevate communities and has a diverse portfolio of businesses in Consumer Products, Fintech, and Infrastructure across the emerging markets of Asia, Africa, and beyond.
In his remarks on the award, the Chief Executive Officer, Lagos Free Zone, Dinesh Rathi, said, “We are delighted to be honoured with this prestigious award that acknowledges the advantage of Lagos Free Zone being situated in the heart of Nigeria with easy access to emerging economies, and the top-tier facilities and services that have put LFZ in a league of its own.”
Rathi explained that LFZ is the first and only free zone in Nigeria that is uniquely integrated with the deepest seaport in the region, the upcoming Lekki deep-sea port, scheduled to commence operations in the last quarter of 2022. Therefore, LFZ offers a unique location that will provide tenants with a seamless and cost-efficient access to domestic, regional and international markets.”
