Governor Akinwunmi Ambode of Lagos State, has re-assured that the Lekki Seaport, which cost a whopping sum of $1.65 billion, would be completed in 2019 as planned.
Ambode, who was represented by the Secretary to the State Government, Mr. Olatunji Bello, made this known on Thursday, at the inauguration of the Office of Overseas Affairs and Investment (Lagos Global) held at Eko Hotels & Suites, Victoria Island where he reeled out diverse investment opportunities in the state.
While speaking to prospective investors, the Governor unraveled the numerous investment opportunities that abound in the state in critical sectors such as power, agriculture, transportation, health, tourism, housing, ICT and manufacturing, assuring that the state is open, more than ever before, for greater business.
He further disclosed that the seaport, which is being developed by a consortium of Tolaram Group, the Nigerian Ports Authority (NPA) and the Lagos State Government, among other strategic investors, would be the deepest seaport in sub-Saharan Africa when completed.
Ambode said that the efforts put in place so far have ensured that the state remains the desired business haven, attracting massive Foreign Direct Investments (FDI) such as the $1.65 billion Lekki Seaport. He also mentioned that the Badagry Creek Industrial Park, a $1.3 billion investment meant for completion in 2018 and the $12 billion Dangote Refinery and Petrochemical Park were among other investments coming to the State.
Gov. Ambode said in anticipation of the increased socio-economic activities, his administration has resolved to prioritize the achievement of the four pillars of the Lagos State Development Plan (2012-2015) which included economic development, infrastructural development, social development and security, and sustainable environment.
According to the Governor, the Lagos Global, an initiative of the Ambode administration, is a one-stop shop designed to encourage ease of doing business and help to turn Lagos into Africa’s model mega city and global economic and financial hub that is safe, secure, functional and productive.
The inauguration, which was coordinated by the Special Adviser on Overseas Affairs and Investment, Prof. Ademola Abbas, had in attendance, a renowned economist, Prof. Pat Utomi, members of diplomatic community and members of the State Executive Council among others.