The Lagos Deep Offshore Logistics Base (LADOL) is a 100-hectare free zone and logistics hub for multinational industrial and offshore enterprises. It is located at the entrance to Lagos Harbour and accommodates a range of foreign and local companies such as Shell, Total, Samsung Heavy Industries, Dorman Long and Fortune Global. Construction on the base started in 2001 and development is still ongoing.
How we made it in Africa talks to Dr. Amy Jadesimi, LADOL’s managing director, about setting up the hub in Nigeria and the potential for similar free zones in West Africa. Below is the edited extract of the interview.
Tell us about LADOL and its development.
The free zones in Nigeria are quite similar to those in Dubai 15 years ago. Dubai started its free zones with bare land and had different zones to focus on different sectors. Similarly LADOL has been built from scratch. It is a 100% private development, and we focus on high-value industrial projects, where the inputs or outputs – or the process – is expensive.