Italian Govt Applauds Intels Investments in Nigeria


Eromosele Abiodun

President of Italy’s Chamber of Deputies – the equivalent of Nigeria’s House of Representatives, Mrs. Laura Boldrini has commended Intels Nigeria Limited for investing in Nigeria despite the recent economic challenges. She stated this recently when she visited the multi-billion naira Eko Energy Estate being developed by leading oil and gas logistics giant, Intels  Nigeria Limited at the Eko Atlantic City, Lagos.

The Italian top parliamentarian commended the company and the developers of the Eko Atlantic City for initiating the ambitious project, which she said, would  contribute to the diversification of Nigeria’s economy.

“This country is so 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 because this country has to be supported because it has a big potential,” she said.

Boldrini and her team were received by Intels Director/Chief Executive Officer of Prime Properties and Investment, Mr. Silvano Bellinato; the General Manager, Commercial of Intels Nigeria Limited, Mr. Massimiliano Landolfi and the Managing Director of SouthEnergyx Limited, Mr. David Frame.

While briefing the delegation, Mr. 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.

He said 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 close proximity.

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

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

He said other facilities at the estate include a Trade Centre comprising two office and corporate towers of 30 floors each, to provide “a comprehensive solution for the corporate sector”.

He said 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 the Ambassador of Italy to Nigeria, Mr. Fulvio Rustico, Consul-General of the Italian Embassy in Lagos, Dr. Andrea Pompermaier, and other top Italian Government officials.

Intels  Nigeria Limited has severally demonstrated its unflinching 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.