Tata International Forges Partnership with Lagos Free Zone for Growth in Nigeria – Defence News

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Tata International is poised for a substantial expansion of its operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ), marking a significant milestone in the company’s commitment to the region. The agreement, signed by Len Brand, Managing Director of Tata Africa Holdings Pty Ltd, in the presence of Anand Sen, Managing Director of Tata International Limited, underscores the brand’s dedication to fostering economic growth and competitiveness in Africa.

Since establishing its presence in Nigeria in 2006, Tata International has been a key contributor to the African continent’s economic landscape. Upholding Tata’s business ethics and commitment to corporate social responsibility, the brand has earned a reputation for delivering quality products and maintaining ethical business operations in Africa.

Anand Sen, MD of Tata International, expressed excitement about joining LFZ, emphasizing that this strategic move reflects their commitment to fuelling growth not only in Nigeria but also across the wider African continent. The partnership involves leasing a state-of-the-art 6000 square meter facility within LFZ, a move aimed at enhancing Tata International’s operational capabilities in the region.

Promoted by Tolaram, a Singaporean conglomerate with over four decades of experience in Nigeria, LFZ is strategically located in Lekki, the designated industrialization hub marked by the Lagos State Government for the next two decades. Len Brand, MD of Tata Africa Holdings, sees the participation in LFZ as the next level of commitment, underscoring their dedication to fostering economic growth and increased competitiveness.

The signing ceremony, which took place in the Lagos Free Zone area, was attended by key representatives from Tata International, Tolaram, and Lagos Free Zone. This event signifies the dawn of a new era in the relationship between these entities, with the shared goal of contributing to economic development in the region and attracting new investors to Nigeria, recognized as one of the key economies in the continent.

Tata International remains steadfast in its vision to build and sustain relationships in Africa. The company’s entry into the Lagos Free Zone reaffirms its commitment to creating opportunities and making a positive impact on local communities. Len Brand, MD of Tata Africa Holdings, concluded, “We stand by our pledge to strengthen our already robust footprint on the African continent.”

Navin Nahata, a member of the Tolaram Board and the Managing Director of its infrastructure and fintech business, expressed delight at Tata International’s decision to expand operations in Nigeria.

LFZ, with its integration with the Lekki Port, offers a unique location that provides tenants with seamless and cost-efficient access to domestic, regional, and international markets, according to Dinesh Rathi, CEO and Managing Director at Lagos Free Zone. This expansion is aligned with LFZ’s position as the first and only free zone in Nigeria uniquely integrated with the deepest seaport in the region, the Lekki Port, which commenced operations in April 2023.

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