NEPZA, IFC Seek Establishment Of Medical Special Economic Zones

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Nigeria Export Processing Zones Authority (NEPZA) and its foreign collaborator, the International Finance Corporation (IFC),

in its efforts to establish Medical Special Economic Zones across the six geo-political zones of the country, have urged the Federal Executive Council to adopt the concept as a national project.

The NEPZA chief executive officer explained that it was vitally important for the concept to be adopted by the Federal Executive Council as a national project, adding that such show of political will was needed to ward off the would-be investors’ fears and reservations.The presentation provided a basis and justification for a notation to be made by the minister to FEC for buy-in and support to commence the project.

“The medical special economic zone remains a tool to reduce medical tourism and to reinstate buoyancy in our economy,’’ he said. “Lagos, Kwara and Katsina States are waiting for the commencement of this great initiative. While Katsina is on the verge of allotting us 400 hectares of land near the Airport for this scheme, we have taken delivery of large sites in Lekki, Lagos and Kwara respectively,’’ Adesugba said.

 

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