Conceived on 2,000 hectares of land, alárò city is one of the fastest-growing real estate and urban developments in nigeria alárò city has: ️asphalt and industrial-grade roads (including an 8-lane, 60-meter-wide boulevard which is one of the largest privately owned roads in africa), ️24-hour electricity via our privately owned ipp ️dedicated water reticulation systems, ️drain ️sewage ️ict. tax incentives and cost savings: one of the primary advantages of operating within alárò city is the attractive tax incentives and cost savings it offers i.e. ️exemption from corporate income tax (cit) (i.e., up to 30%), ️ value added tax (vat) (i.e., 7.5%), ️withholding tax (wht) (i.e., 10%), ️as well as waivers on import, export and other custom duties, ️ no restrictions on expatriate quotas, ️ease of repatriation of funds offshore; amongst others. as a business, you can enjoy streamlined administrative processes, these benefits directly contribute to enhancing your bottom line, enabling you to reinvest in growth initiatives and increase profitability. ️enhanced trade and market access: alárò city acts as a gateway to a vast market of over 200 million people. being the only part of the lekki free zone with direct access to the lekki epe expressway, establishing your presence within alárò city gives preferential access to the nigerian market and other regional markets within africa. this strategic positioning opens up new avenues for expansion and enables you to tap into the continent's rapid economic growth. ️regulatory support and investor-friendly policies: alárò city has a fully functional one-stop-shop which houses all relevant government agencies necessary for the smooth operations of the zone. this one-stop administrative center engenders speedy processing of all applications, reduces investor-government agency engagements and eliminates multi-layered government interactions. additionally, there are key value drivers and supporting infrastructure in and around the lekki free zone which contribute to our unique propositions. these are: ️the lekki deep sea port: the sea port was commissioned in february, 2023 by the president of the federal republic of nigeria ️alárò city is a 40-minute drive from the port, which makes for ease of transportation from the port to other parts of nigeria and neighbouring countries. ️the lekki international airport is located opposite alárò city and sits on 3,500 hectares of land. the airport will be designed to handle approximately 5 million passengers per annum ️the dangote refinery, located in the south-east quadrant of the lekki free zone, was commissioned in may of 2023. the fertilizer plant commenced operations since january of 2022. we have plot ranging from 1000sqm upwa...
More detailsLekki Free Trade Zone is located at the eastern part of Lekki, Lagos state, Nigeria. Lekki Free Trade Zone is split into three districts: the residential district in the north, industrial district in the middle and commercial trading/warehousing & logistics district in the southeast. The Park is planned to be multi-functional with the integration of commerce, trading, warehousing, and exhibition. According to the Site Plan of the park, large construction works will be built in the park, including the "international commodities & trade centre", the "international exhibition & conversation centre", industrial factory workshops, logistics warehouses, office buildings, hotels and residential apartment buildings, amongst others.
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