CHEC Progresses Lekki Port Project

(Africa) EPC Contractor Invests US$221 Million

Construction firm China Harbour Engineering Co. has progressed development of the US$1.675 billion Lekki deep sea port in Nigeria.

The first US$221 million tranche of financing is expected to help fast-track development of the project, on which CHEC is the main engineering, procurement and construction contractor.

“The strategic location, flexible and optimized layout and modern facilities provide Lekki port a distinct competitive edge over any other port facility in West African region,” said Lekki Port LFTZ Enterprise Ltd.

LPEL is a joint venture between Singapore-based Tolaram Group, Nigeria’s federal government through the Nigerian Ports Agency and the Lagos state government. CHEC is executing a US$680 million contract through its subsidiary China Harbour Engineering.
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