Alaro City is capitalizing on the vast potential of its free trade zones to attract both domestic and international investors. Located in the Northwest Quadrant of Lagos’s Lekki Free Zone, this city represents a partnership between the Lagos State government and Rendeavour, blending residential, commercial, and industrial spaces along with essential services like schools and hospitals.
The city’s infrastructure is a key selling point. It features an expansive 8-lane, 60-meter-wide Boulevard, one of Africa’s largest privately owned roads, which is scheduled for completion in October, as announced by Yomi Ademola, Managing Director of Alaro City.
In a recent discussion with journalists in Lagos, Ademola detailed the benefits and opportunities available to both existing and prospective investors in this strategically located free trade zone. The city is equipped with state-of-the-art infrastructure, including 6km of developed roads, a scalable 100 MVA power supply, adaptable gas and water systems, and high-speed fiber ICT.
An independent power plant ensures a reliable electricity supply, while the city’s location near the Dangote Refinery, Lekki Deep Seaport, and well-designed roadways facilitates business growth. The Lekki Port, with its automated and efficient system, helps avoid the congestion typically associated with Apapa Port, making it a preferred choice for shipping.
The upcoming Regional Road and Fourth Mainland Bridge, both under construction by the Lagos State government, are expected to further ease traffic and support Alaro City’s growth. Ademola emphasized that these factors create a conducive environment for businesses, enhancing trade and manufacturing opportunities.
