Over 20 businesses are said to have located at the new Alaro satellite city in the Lagos State’s Lekki Free Zone courtesy of RunGas Group, a Nigerian Liquified Petroleum Gas (LPG) company, which expanded its operations in Nigeria with its new composite cylinder manufacturing facility in the city.
The Chief Executive Officer of RunGas Group, Lanre Runsewe, said in a statement yesterday that the RunGas plant would be used for the integrated manufacturing of LPG cylinders, gas storage, bottling and distribution.
Runsewe pointed out that the company identified Alaro City as the perfect place for its expansion plans due to the city’s award-winning masterplan and the speed with which infrastructure was being rolled out in the new city.
“As RunGas makes progress on our goal of increasing the use of LPG in Nigeria and Africa, such partnerships with business-friendly locations like Alaro City are critical. We will use the five hectares acquired in Alaro City for the production and supply of quality certified, durable, standardized and technologically advanced gas cylinders,” Runsewe said.
The Chief Executive Officer of Alaro City, Odunayo Ojo, told newsmen last week that the rapid growth within the new city is a demonstration of the resilience of the Nigerian economy. “We are pleased to welcome RunGas to our growing business community and provide the infrastructure RunGas requires to expand LPG penetration in Nigeria and Africa.
“We are happy to see this latest endorsement of Alaro City’s work in creating a well-planned city that offers numerous benefits to business growth,” the Alaro City boss stated.
Launched in January 2019, Alaro City is planned as a 2,000-hectare mixed-income, city-scale development with industrial and logistics locations, complemented by offices, homes, schools, healthcare facilities, hotels, entertainment and 150 hectares (370 acres) of parks and open spaces.
Chibisi Ohakah, Abuja