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Incentives of Lekki Free Trade Zone

Unique location

Lekki Free Trade Zone is located at Lekki Peninsula, southeast part of Lagos state, facing Atlantic in the south, backing Lekki Lagoon in the north and bordering with 5 kilometers of golden ocean line, 50 kilometers stretching to Lagos downtown center, 70 kilometers to Lagos International Airport while 10 kilometers to the proposed new international airport, and 50 kilometers to Apapa Port, the largest west Africa port and 55 kilometers to Lagos Railway Station while the proposed new Lekki Port will be standing in the Zone. The states in Nigeria and Nigeria to neighboring countries can be linked each other through the highway and railway.

Magnitude

Lekki Free Trade Zone is the largest free trade zone with the total area up to 165 square kilometers and divided into north and south parts by Lekki Lagoon.

Safety and Security

The safety and security in Lekki Free Zone is the priority to the investors and Lagos Government also repeated the promise that “all of the investors and property in Free Zone will be absolutely secured” which can rest the investors at ease. Except from the erection of separate safety fence, adoption of seal-end management and deployment of armed police, Lekki Free Zone is equipped with the perfect safety system and also organized with a team of experienced and well-trained security force, which provide the guaranteed security for the investors and property in Free Zone.

Infrastructure

In phase one of 11.76 square kilometers, the perfect infrastructure facilities will be provided for the investors.

Power Plant: with 2*56.4 mega, by natural gas and accessing to the power network at 132 kV;

Water Plant: at the capacity of 60 thousand cubic meters water provision per day;

Sewage Treatment System: at the daily sewage treatment capacity of 35 thousand cubic meters;

Telecommunication: two comprehensive communication stations at the capacity of 2-4 millions set.

Supporting Facilities: with residential houses, hotels, shopping malls, hospitals, schools, office and recreational facilities.

One-Stop Service

One-Stop Service will be set up in Lekki Free Zone to meet the requirement by enterprises for services in investment and trading in Nigeria and to offer convenient and high-efficient services for the bisiness operations.

Coordinating Nigeria government department and agencies;

Visa provision for Chinese staff;

Recruitment, employment and training;

Intermediary services as provision of legal, accounting, investment advisory and agency services;

Custom clearance, warehouse and transportation services;

Project design and construction services for enterprises in zone;

Handling or assisting investors and enterprises in zone to handle all operating license application on behalf of relevant government agencies;

Submitting the application to Government agencies or receiving the approved operating license and documents from relevant government agencies on behalf of enterprises;

Levying the services charge as stipulated on FOB prices of products exported from Free Zone on behalf of Nigerian Government;

Other services required by enterprises.

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