The Snake Island Integrated Free Zone (SIIFZ) has reaffirmed its dedication to fostering FDIs (foreign direct investments) in Nigeria and advancing the nation’s economy.
This was said by the Nigeria Export Processing Zones Authority (NEPZA) during a familiarization tour of the nation’s free trade zones (FTZs).
According to SIIFZ Chairman Maher Jarmakani, the zone is still dedicated to luring in foreign direct investment, building strong, top-notch infrastructure, and promoting socioeconomic development.
According to him, the zone’s strategic objectives and service offerings give established companies a strong foundation and present it as a desirable location for investors looking to take advantage of the numerous opportunities presented by its status as the principal commercial hub in West Africa.
Dr. Olufemi Ogunyemi, the Managing Director/CEO of NEPZA, praised the cooperation between SIIFZ, the authority, and other government entities in prioritizing Nigeria.
He noted that the zone’s strategic growth strategy had pleased the authorities, particularly in light of the value proposition offered by the business.
According to Ogunyemi, considerable change and economic advancement are certain with ongoing support and involvement.
According to him, the federal government’s approval of Snake Island Port’s development puts SIIFZ and its promoter, Nigerdock, on track to construct a reputable port in the area, opening doors to a diverse market and facilitating access to international trade routes.
