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European firms seek investment opportunities in Lagos LFZ

European businesses have started shopping for opportunities at the Lago Free Zone, LFZ, as their investment destination in Nigeria.

President, European Business Chambers, EuroCham, Mr. Adefolu Majekodunmi disclosed this during a visit by a high powered delegation to the zone.

EuroCham is the organization that represents the interests of leading European companies operating in Nigeria.

The delegation which comprised executives from some top European companies in Nigeria, expressed their delight with the real progress made by LFZ, its plans for infrastructure and the focus son enhancing the Ease of Doing Business for its investors, which they said is a major attraction for Europeans organizations.

Majekodunmi said the purpose of the visit to the zone was to explore the opportunities for European companies to simplify their investments and operations in Nigeria.

“My expectation moving forward is that we would see several of our organizations that visited today setting up their facilities within the Lagos Free Zone.

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