More by Tanko Mohammed
The dream of Mr Steven Heukelom, General Manager-Projects of Lekki Port, is coming through as Lekki Port LFTZ Enterprise Limited (LPLEL) reports that it has received a total of $221,047,248 as equity funding from China Harbour Engineering Company (CHEC).
CHEC is one of the shareholders in seaport project, currently under construction at the Lagos Free Trade Zone, Ibeju-Lekki.
‘I am pleased to confirm that Lekki Port has received the subscription.
In October last year, Lekki Port LFTZ Enterprise Limited (LPLEL) signed $629 million financing from China Development Bank for the Lekki Deep Sea Port project.
LPLEL reports that the development of the project is under a 45-year concession from NPA.
