NEPZA To Relax Stringent Rules For Investors In Lekki Medical Zone

The Nigeria Export Processing Zones Authority on Monday said that scores of prospective anchor tenants seeking to establish world class hospitals and pharmaceutical industries in the new Special Medical Free Zone in Lekki area of Lagos is a signal to the gradual end to unnecessary medical tourism abroad.

The Managing Director, NEPZA, Prof. Adesoji Adesugba, made the remark while playing host to officials of two foreign Hospital Management Companies, Citizens Health Limited and Brown Brommel Medicals in Abuja.

The two health management companies are to invest in world class hospitals for cancer and kidney respectively.

The NEPZA boss described the development as a realization of a joint dream, adding that the Authority was working toward using the special medical zones to end decades of medical tourism by Nigerians abroad.

According to him, the frequent and sustained medical trips abroad by citizens continues to hurt the economy badly.

Adesugba explained that the newly approved special medical zone located in Lekki was attracting expected attention.

He further said that the huge area overlooking large body of water and isolated swamps clustered by the Lekki quadrant of Lagos Free Zone, Lekki Free Zone, Dangote Free Zone Enterprises as well as Alaro City Free Zone made it a hot-spot for investment chains.

Adesugba promised that the Authority was prepared to relax perceived stringent rules to ensure the comfort of anchor tenants, adding that the future gains that could accrue to investors who dared to first explore the zone usually would out-weigh the initial challenges.

“The Special Medical Zone in Lekki will be competitive as we are working toward the concentration of world class hospitals there.

“We are searching for anchor tenants to drive this revolution. Already, scores of prospective investors have come knocking on our door, so you are welcome to collaborate with us.

“I hope you are aware that the location is one of the best sites in the country with great opportunity for other business chains ranging from transport/logistics, electricity, estate development, tourism/hospitality among others.

“We are also opened to bringing into the zone world class pharmaceutical companies to serve Africa and the rest of the world from Lekki. The prospect of the zone is unimaginable.’’ Adesugba said.

The NEPZA CEO also explained that investors should prospect similar zones in Katsina and Ilorin, saying that the Federal Government was committed to using the special medical/pharmaceutical free zones to drastically reduce medical tourism abroad.

The Vice President of Brown Brommel Medicals, Mr Brain Barnes, said the company is planning to explore the possibility of setting up an advanced Modern Integrated Diagnostic and Dialysis Center at the zone.

He added that the center proposed to sit on 10 hectares of land would also provide sundry medical services.

Barnes, who was represented by Mr Chris Obuekwe, Group Managing Director, said the company was delighted to take advantage of the country’s free trade zone scheme, adding that citizens deserved to enjoy the best of medical services the world could provide.

On her part, Ms Cynthia Okirie, a Director with the Citizen Health Limited said the company would be tapping into the free zone incentives to transfer the required health technology and services into the country.

She explained that Citizen Heath Limited UK was known for its proficiency in the treatment and management of cancer, adding that the Lekki special medical free zone would serve as the ideal lunch pad for the improvement of the health sector in Nigeria.