Snake Island Aims To Attract More FDI
The Snake Island Integrated Free Zone has expressed its commitment to attracting foreign direct investment into the country.
This was disclosed by the Chairman of SIIFZ, Maher Jarmakani, according to a release on Wednesday, during a familiarisation tour of the country’s free trade zones by the Managing Director and Chief Executive Officer of the Nigeria Export Processing Zones Authority, Olufemi Ogunyemi.
He noted that the firm’s resolve to develop a robust world-class infrastructure and foster socioeconomic advancement in the country.
During NEPZA’s visit, Jarmakani stated that the SIIFZ provided a strong platform for businesses to thrive.
He said, “Our strategic initiatives and service offerings provide a solid platform for existing businesses and position us as an attractive destination for investors seeking to tap into the vast opportunities offered as a leading trade hub in West Africa."
Earlier, the MD of NEPZA applauded the partnership between NEPZA, SIIFZ and other government agencies.
Ogunyemi said, “We are impressed with the zone’s strategic growth plan, especially as reflected in the company’s value proposition and tagline. With continued support and engagement, significant transformation and economic strides are inevitable.
“The Federal Government’s recent approval for the expansion of Snake Island Port sets SIIFZ and its promoter, Nigerdock, on course to develop one of the most well-established ports within the region, providing access to global trade routes and serving as a gateway to a diversified market."