The construction and development of Lekki Port is being undertaken by Lekki Port LFTZ Enterprise Limited (a special purpose vehicle promoted by the Tolaram) & China Harbour Engineering Company Ltd.
Tolaram has had operations in Nigeria since 1977. During the past 35 years, it has diversified greatly. Operations in Nigeria include manufacturing Indomie Instant Noodles, power distribution, road modal transportation and distribution of office automation, to name a few.
The Tolaram is headquartered in Singapore with operations in Nigeria, Estonia, Indonesia, Ghana, South Africa, Egypt and India.
Tolaram has an expansive portfolio consisting of manufacturing, marketing and distribution, sales & service, logistics, real estate, energy and infrastructure businesses.
China Harbour Engineering Company Ltd. (CHEC)
China Harbour Engineering Company Ltd.(CHEC) was established in the 1980s. As a subsidiary of China Communication Construction Company Ltd. (CCCC), a Global Fortune 500 company, it explores the overseas market on behalf of CCCC. At present, CHEC’s more than 90 branches (subsidiaries) and representative offices around the world conduct business in over 100 countries and regions with more than 15,000 employees undertaking hundreds of international projects whose total contract amount it over USD 30 billion.
CHEC adheres to industry leading and actively promotes the overseas practice of investment, construction and operation covering the whole industrial chain in such fields as marine engineering, dredging and reclamation, roads and bridges, railways, airports, municipal works and environmental protection and complete plant.
CHEC injected US$221 million into LPLEL in March 2020 and became the company’s controlling shareholder.