China Harbour Completes Construction Of $1.5bn Lekki Deep Sea Port

The China Habour Engineering LFTZ Enterprise, a subsidiary of China Habour Engineering Company Limited that is the engineering, procurement, and construction contractor for the $1.5 billion Lekki Deep Sea Port, has announced the completion of the construction of the port. <br />The Vice President of CHEC, Mr. Wu Di, disclosed that the construction of the port officially started on June 15, 2020, and was completed on Monday, October 24, 2022. <br />Di revealed that the total contract value of the EPC for the project’s first phase was $581 million. <br />He added that the completion of the construction would pave the way for the container terminal operator, the Lekki Free Port Terminal, a subsidiary of the CMA/CGM group, to take over the Port in readiness for the start of port operations.