Nigerdock hosts UNIDO, NIPC Delegations to Foster Investment

Nigerdock, a leading Nigerian maritime and logistics company and promoter of Snake Island Integrated Free Zone (SIIFZ), recently hosted a delegation from the United Nations Industrial Development Organization (UNIDO) as part of efforts to drive the development of sustainable foreign direct investments (FDIs).

The multilateral collaboration being coordinated by UNIDO via the Investment and Technology Promotion Office Germany (ITPO Germany) and the Nigerian Investment Promotion Council (NIPC) will facilitate the domiciliation of European enterprises.

In a statement, Nigerdock indicated that representatives of 23 companies were in a UNIDO delegation to the company’s office in Lagos to explore collaboration on domiciling investments that specialise in renewable energy, green technologies, and agribusiness. Also in attendance were officials from the NIPC.

The Chief Executive Officer of Nigerdock, Maher Jarmakani, said, “This visit represents a significant step towards strengthening the partnership between private sector companies in Nigeria and Europe. Our long-term commitment to Nigeria’s economic empowerment aligns perfectly with the goals of this mission, and we firmly believe that this collaboration will contribute to industrialisation, foreign direct investment, job creation, and increased adoption of green practices in Nigeria.”

The companies that formed the Private Sector Mission (PSM) also specialise in sustainable packaging, circular economy, and waste management.

The PSM follows German Chancellor, Olaf Scholz’s visit to Nigeria, indicating a close relationship between Nigeria and Germany and underscored by the potential for greater cooperation and investment between the two countries.