US Diplomat Commends Lagos Free Zone Initiatives

The Lagos free zone is the first privately owned zone in Nigeria, which is set to attract more investments from the United States due to various incentives and connection to the Lekki Deep Sea Port.
William Stevens
William Stevens wikipedia
Published on

The United States Consul General, William Stevens and his team visited the Lagos Free Zone. After touring the companies and facilities there, Stevens praised the strong business relationship between Tolaram and US companies.

He mentioned that, thanks to opportunities in the Lagos Free Zone, US investors are bringing high-quality goods and services to Nigeria, strengthening the connection between the two countries.

Stevens stated that the increased investments from US companies will not only strengthen economic ties between Nigeria and the USA but also showcase the special benefits that the Lagos Free Zone offers to US companies looking to establish a strong 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, echoed this sentiment, emphasizing that the Zone remains the preferred investment destination, showcasing world-class infrastructure and enticing incentives for potential investors.

During the delegation’s tour of companies within the Zone, Dinesh highlighted that LFZ provides the optimal environment for conducting business, having effectively addressed regulatory permit challenges and infrastructural hurdles.

logo
Latest Lagos Local News - Lagoslocalnews.com
www.lagoslocalnews.com