• Wednesday, February 28, 2024
businessday logo

BusinessDay

Businesses in Alaro City benefitting from Lekki Port infrastructure – MD

Talent City plans to develop tech community in Alaro

Respite has come the way of businesses in Alaro City Free Zone, as Lekki Deep Seaport, is now offering reliable logistics infrastructure that drives the import of critical production inputs and export of finished products, according to Yomi Ademola, managing director of Alaro City FZC.

The port serves as one of the primary logistics channels for companies located close to the port including Ariel Foods, BUA Group (Starium Detergents), and HMD, among other industrial Alaro City residents.

Read also: Fdi Intelligence ‘highly commends’ Alaro City in global free zone awards

Statistics show that the average delivery time from the Lekki Port to Alaro City is just 45 minutes, which is 16 times cheaper than air cargo delivery.

“The Lekki Deep Seaport and its unmatched shipping capabilities will spur the further development of Alaro City. About 67 businesses have already chosen to locate themselves in Alaro City to benefit from the first-class infrastructure, tax and duty incentives, and powerful transportation links including the Lekki Deep Seaport,” said Ademola.

Read also: Alaro City sees future taking off with Lekki-Epe Airport approval

He said when the new Lekki International Airport opens, it will give a further boost to this region and the Nigerian economy as a whole.

According to Ademola, the region’s largest grade-A logistics park construction is being built in Alaro City this year and the logistics park will allow local and international businesses to get access to world-class logistics infrastructure as well as transportation links and tax and duty benefits.

Ademola said that Alaro City took part in the arrival ceremony of CMA CGM Scandola, the largest LNG-powered container vessel to be berthed in Nigeria at the Lekki Deep Seaport, which highlights the competitive edge for companies located close to the port.

Alaro City is a 2,000-hectare city development located within the Northwest Quadrant of the Lekki Free Zone.