To boost trade between Nigeria and China, ENL Consortium Nigeria has signed an agreement with Chinese port operator Lianyungang Port Holding Group for investment at the Lagos Port Complex, Apapa.
ENL Consortium is the operator of Terminals C and D at the Lagos Port Complex, while Lianyungang Port Holding Group offers terminal handling, modern logistics, port construction and other services in China.
The agreement between the two companies was signed recently at the sixth China-Nigeria Logistics Line Supply Chain Platform Advanced Forum, organised by Sinoma International Engineering in Lianyungang, Jiangsu province.
The forum was organised as part of activities to commemorate the 10th anniversary of China’s Belt and Road Initiative (BRI).
Speaking during the signing ceremony, the executive director of ENL Consortium, Mark Walsh, said the agreement would facilitate economic growth and mutual development.
“As we reflect on the 10th anniversary of the BRI, it is pivotal to acknowledge the strides made in fostering international cooperation and enhancing the connectivity of global supply chains,” Walsh said.
“The initiative has not only bridged the infrastructural gap across these two great nations but also facilitated economic growth and mutual development.”
He added that ENL Consortium had been at the forefront of adopting innovative models in local transportation, refining port operation services and enhancing the warehousing system to solve prevailing challenges and streamline operations.
Walsh said collaboration, both local and international, was pivotal in harnessing Nigeria’s maritime potential.
“Our partnership with esteemed organisations like Lianyungang Port Group and Sinoma International Engineering is testament to the power of collective wisdom and innovation in empowering the Maritime Silk Road.”
