Lekki is a new city under
development that will operate in accordance to best international practices.
It is also one of the fastest developing urban areas with an annual economic
growth of 16.8%. The Lekki free zone is a multi-use facility with zones for oil
and gas, industry, manufacturing, business & financial, media centres,
commercial, real estate, recreation and tourism.
Lekki Free Zone (LFZ) comprises 16,500 hectares to the southeast of the city of Lagos, two peninsulas of infinite opportunities bounded by the Lekki lagoon and the Atlantic Ocean. The free zone was launched in 2004 as a vehicle to fully utilize the investment and tourism potential of Lagos.
The proposed land use master plan
for the LFZ subdivides the area into four main quadrants each having its own
land use and consequently its own theme. Based on the proposed land use plan,
LFZ will be divided into 4 main Quadrants:
·
South
West Quadrant (SW) -
General mixed industries, including light and medium engineering with a large
part dedicated for logistics and distribution, potentially serving both the
international and national markets. In addition a new special residential
area is proposed to the north of the industrial zone, with both low and
high-density housing, largely intended for as a leisure and residential
resort with tourist facilities
·
South
East Quadrant (SE) - petro
chemical related industries and port facilities, if approved a methanol plant
will be located in this area
·
North
West Quadrant (NW) -
general mixed industrial area, including medium and light industrial uses as
well as heavy uses. Housing for the workers in the Free Zone area will be
provided within this quadrant where residential areas of different densities
and house types would be provided to the north and south of the main
industrial zones.
·
North
East Quadrant (NE) -
mixed-use urban area as a new waterside town providing a range of employment,
commercial, residential, community and recreational uses. It will complement
the role of the other three quadrants and act as the city, administrative,
business and residential centre for the whole of the FZ.
For more information about investment opportunities in Lekki Lagos call +234 8161505357 |
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Saturday, 26 July 2014
Lekki Peninsula: The New Africa's Business Destination
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