LFPT takes delivery of $1.5bn Lekki port

LFPT takes delivery of $1.5bn Lekki port
Lekki Seaport

 

A subsidiary of China Habour Engineering Company Limited, China Habour Engineering LFTZ Enterprise, contractors for the Lekki Deep Seaport, has announced the completion of the construction of the port.

Speaking during the handover of the port to Lekki Free Port Terminal on Monday, in Lagos, Vice President of CHEC, Mr. Wu Di, who is also a director of Lekki Port, disclosed that the construction of the port was officially started on June 15, 2020, and was completed on Monday, October 24, 2022.

He said that the total contract value of the EPC for the project’s first phase is $581m.

He noted that the completion of the construction would now pave the way for the container terminal operator, the Lekki Free Port Terminal (a subsidiary of CMA/CGM group), to take over the port in readiness for the start of port operations.

While delivering his speech during the ceremony, the Governor of Lagos State (one of the shareholders of Lekki Port), Mr. Babajide Sanwo-Olu, expressed delight with the completion of the construction of the port.

Sanwo-Olu reaffirmed Lagos State Government’s commitment to the timely delivery of the road infrastructure network around the Ibeju Lekki axis to ensure the seamless evacuation of cargo from the port.

In his remarks, the Chairman, Board of Directors, of Lekki Port, Mr. Biodun Dabiri, expressed profound appreciation to the promoters of the project, CHEC and Tolaram, for the bold decision to invest in maritime infrastructure to help in Nigeria’s journey to economic prosperity.

Dabiri acknowledged the critical role played by Governor Babajide Sanwo-Olu in resolving the various challenges encountered in the construction of the port, especially during the COVID-19 pandemic and attendant lockdown.

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