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Lekki Deep Sea Port, is a multi-purpose, deep sea port in the Lagos Free Zone and is the only currently operating deep sea port in the country, having started full commercial operations in April 2023.
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
[1] The Free zone is integrated with Lekki Deep Sea Port and covers 830 hectares of area in Lagos. [2] [3] Lagos Free Zone is located 60 kilometers to the east of Lagos city. Similar to other free zones, companies in LFZ can sell all their goods in Nigerian customs territory with no state or federal taxes charged without an import or export ...
Lekki Deep Sea Port, Nigeria Began operations in April 2023, it is currently the largest deep water port in Africa. Designed to welcome post-panamax category vessels. [4] Ibom Deep Sea Port, Nigeria — undergoing implementation [5] Kribi, Cameroon — oil terminal
The refinery is situated on a 6,180 acres (2,500 hectares) site at the Lekki Free Trade Zone, Lekki, Lagos State. It is supplied with crude oil by the largest sub-sea pipeline infrastructure of the world (1,100 km long). When fully operational it will provide 135,000 permanent jobs in the region. [28] [29]
Freeport Area of Bataan: Mariveles, Bataan: Luzon Cavite Economic Zone: Rosario and General Trias, Cavite: Luzon Clark Freeport Zone: Angeles City and Mabalacat, Pampanga: Luzon Subic Bay Freeport Zone: Olongapo and Subic, Zambales: Luzon Poro Point Freeport Zone [27] La Union: Luzon Baguio City Economic Zone: Baguio: Luzon
The Lekki Airport project is projected to cost ₦71.64bn (US$ 450 million) in its first phase, [2] planned to be situated 10 km from Lekki Free Trade Zone (LFTZ), and was originally proposed to open in 2028. It will be designed to cater for the Airbus A380, making it a Code F-compliant airport.
All "free ports" in the world were permitted by the respective states, save the Free Port of Trieste that with the signing of the 16th Resolution of the Security Council of the United Nations [18] (10 January 1947) and the signing of the Treaty of Peace with Italy [19] (10 February 1947, ratified 15 September 1947) was put territorially under ...