Ilaje integrated deep-sea/mining port

8/12/2015
Project development

$ 3.5 billion

Announced

8/12/2015


Overview:

  • The Ilaje integrated deep-sea/mining port is a $3.5 billion planned project in Ondo state in the south of Nigeria.
  • It involves the creation of an inland stock piling yard (a dry port) that will be linked to an ultra deep-sea mining port with a direct rail connection. The yard will be located in the north of the state while the port is located on the Atlantic coastline.
  • It is being developed by Inland Deep Sea Ports, a subsidiary of Petrolex Oil and Gas.

Jon Moore - Journalist

Jurisdiction:

Nigeria

Deal type:

Project development

Practice area:

Project development

Governing law:

Nigeria

Industry sectors:

Shipping
Logistics


Firm:

Party: Petrolex Oil and Gas (Project developer)