Lekki Port Receives $221m China Harbour Equity Investment - THISDAYLIVE

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Lekki Port Receives $221m China Harbour Equity Investment

In a development that shows faith in the huge potential of the Nigerian economy despite the global economic meltdown caused by the COVID-19 pandemic, Lekki Port LFTZ Enterprise Limited has received the infusion of $221,047, 248 equity funding from China Harbour Engineering Company , one of the shareholders of the Lekki Deep Sea Port Project, currently under construction at the Lagos Free Trade Zone, Ibeju Lekki.

Dabiri said the equity injection was coming at this time when the world is battling the COVID-19 pandemic, which shows the deep commitment of CHEC to the success of the project, which will greatly contribute to fast-tracking the timely delivery of the project and bring about economic prosperity to Nigeria as a whole.

In his new role as the Chief Executive Officer, Ruogang is expected to oversee the overall business planning, development and management of the company. “Other executives appointed by the company are Cai Pingzhen, who assumes the position of Chief Financial Officer; Steven Heukelom as Chief Technical Officer and Binay Saraf as Deputy Chief Financial Officer.”

 

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China again?

They will bring in virus through there .

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