The Lagos State Government is offering investors the opportunity to invest in residential property development in the Lekki Free Trade Zone area.
Investment Opportunity
One of the goals of the Lagos State Government is to encourage the population to live away from the densely populated city of Lagos. The demand for housing in Lagos State is extremely high and large returns on investment are possible.
Developers of residential accommodation will receive special benefits and concessions for building in the Lekki Free Trade Zone
Lekki Free Trade Zone
Construction of the Lekki Free Trade Zone (FTZ) is in progress. It is not just a FTZ but a new model city situated on the Lekki Peninsula southeast of the city of Lagos. Apart from the industrial component the FTZ will include urban development such as residential accommodation, business centres, a financial hub and tourism activities. Initially, light industries such as textiles, electronics, household equipment, and foods and beverages will be targeted. Once the port is constructed heavy industries such petrochemicals and oil refineries will also be accommodated. Click here for more information on the Lekki Free Trade Zone.
For more information on this and other investment opportunities in Lagos State please contact Dele Onabokun, Honourable Commissioner for Housing at onabokundele_housing@yahoo.com
