• Tuesday, April 16, 2024
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Lagos Free Zone to attract more investments from US – Consul General

Consul General lauds growing US-Nigeria pact in creative industry

William Stevens, the United States (US) Consul General in Nigeria, says the Lagos Free Zone, is positioned to attract more foreign direct investments from his country.

Stevens attributed this to the zone’s massive infrastructure and a plethora of incentives, including its integration with the Lekki Deep Sea Port.

He stated this when he left a delegation from the United States Consulate General to tour the free zone, where he expressed satisfaction with the facilities put in place. Stevens also lauded the outstanding business relationship between Tolaram and US companies.

According to him, through the opportunities at the Lagos Free Zone, investors from the United States of America have deepened penetration in the Nigerian market by introducing world-class goods and services to Nigerians.

He noted that the influx of investments from US companies would not only fortify the economic ties between Nigeria and the USA but also underscored the unique incentives offered by the Lagos Free Zone for US companies looking to establish a robust presence in the Nigerian market.

“It is amazing to see the partnership between Tolaram and US companies and the opportunities therein. We are constantly looking at how we can attract more American companies to this market both in terms of investment and trade,” he said.

Dinesh Rathi, the chief executive officer of Lagos Free Zone, on his part, said the zone remains the preferred investment destination, showcasing world-class infrastructure and enticing incentives for potential investors.