SIIFZ assures NEPZA of infrastructure development

Snake Island Integrated Free Zone (SIIFZ) has reaffirmed its commitment to Nigeria’s economic advancement and attracting foreign direct investments (FDIs) into the country.

This was stated during a familiarisation tour of the country’s free trade zones (FTZs) by the Nigeria Export Processing Zones Authority (NEPZA).

The Chairman of SIIFZ, Maher Jarmakani, said the zone remains committed to attracting FDIs, developing robust world-class infrastructure and fostering socioeconomic advancement.

He said the zone’s strategic initiatives and service offerings provide a solid platform for existing businesses and position it as an attractive destination for investors seeking to tap into the vast opportunities offered as a leading trade hub in West Africa.

The Managing Director/ Chief Executive Officer of NEPZA, Dr Olufemi Ogunyemi, applauded the collaboration among SIIFZ, the authority and other government agencies in putting Nigeria first.

He said the authority was impressed with the zone’s strategic growth plan, especially as reflected in the company’s value proposition.

Ogunyemi said with continued support and engagement, significant transformation and economic strides are inevitable.

He said the federal government’s approval for the expansion of Snake Island Port sets SIIFZ and its promoter, Nigerdock, on course to develop a well-established port within the region, thereby providing access to global trade routes and serving as a gateway to a diversified market.

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