Italian parliament commends INTELS’ multi-billion naira Eko Energy Estate

Laura Boldrini, President of Italy’s Chamber of Deputies – equivalent to Nigeria’s House of Representatives on Sunday visited the multi-billion naira Eko Energy Estate being developed by a leading oil and gas logistics giant, INTELS Nigeria Limited, at the Eko Atlantic City in Lagos.

While on the tour of the facility, the Italian parliamentarian commended INTELS Nigeria Limited and the developers of the Eko Atlantic City for initiating the ambitious project, which she said, will contribute to the diversification of Nigeria’s economy.

“Nigeria is rich in land and agriculture. So, this is the time to put a different perspective in place. I am happy there is a lot of interest from outside investors and this country has to be supported because it has a big potential,” she said.

Boldrini and her team were received by Silvano Bellinato, INTELS director/chief executive officer of Prime Properties and Investment; Massimiliano Landolfi, general manager, Commercial of INTELS Nigeria Limited, and David Frame, managing director of SouthEnergy Limited.

While briefing the delegation, Landolfi said the Eko Energy Estate is spread across 450,000 square metres of land area, taking full advantage of the location at the Lagos channel and the main canal entrance at the Eko Atlantic City.

According to him, the master plan of the Eko Energy Estate will create a green and family-friendly neighbourhood, while providing an enabling environment for foreign investors to work and live more conveniently in Lagos with the Eko Atlantic Business District, an international school, hospital, shopping malls and a Marina at proximity.

“Eko Energy Estate Phase 1, which consists of three towers of Ground plus 19 floors with a flexibility of 1-4 bedroom apartments tailor-made to clients’ requirements, will be completed by mid-2018.

“Facilities like swimming pool and pool bar, tennis court, gym and playground are included. Services to be rendered in the estate will be 24/7power supply, water and sewage treatment, security, ICT and 25 years track record of estate management,” he added.

Other facilities at the Estate include a Trade Centre comprising two office and corporate towers of 30 floor each, to provide ‘a comprehensive solution for the corporate sector’.  Eko Energy Estate will also have a shopping mall with variety of food markets, restaurants, bars, fully equipped sports centre, ample parking facilities and an urban park area.

Boldrini was accompanied on the visit by Fulvio Rustico, the Ambassador of Italy to Nigeria, Andrea Pompermaier, Consul-General of the Italian Embassy in Lagos and other top Italian Government officials.

INTELS Nigeria Limited has shown commitment to the development of Nigeria’s economy and the oil and gas industry. The company, which developed the Onne Free Trade Zone in Rivers State, is also a terminal operator at Warri, Calabar and Lagos ports.

At Onne, INTELS provides 876 units of accommodation on 50 acres of land near. The Onne Free Zone is a Federal Government facility developed and positioned by INTELS to play a major role in the development of the West African oil and gas industry, with a unique package of incentives and strategic advantages unrivalled throughout the rest of the West and Central Africa sub-region.

Onne Free Zone also provides a wide range of incentives and other strategic benefits to investors, similar to those offered by other successful Free Zones around the world. Some of the incentives approved by the Federal Government for companies operating at the Onne Free Zone include free port incentives, Customs incentives, immigration incentives, tax incentives and other benefits contained in Section 18 of the Oil and Gas Free Zone Act.

Recall that Simbi Wabote, the executive secretary of Nigerian Content Development and Monitoring Board (NCDMB) in his recent visit to the Onne Free Zone commended INTELS for building what he termed a “world-class facility” where close to 200 companies operate.

Other organisations and government agencies have commended INTELS for its strong positive impact on port operation, the oil and gas sector, real estate and for positively enhancing the welfare of people in several communities across the country.   

Uzoamaka Anagor-Ewuzie

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