LADOL's developer, LiLe, began the construction of the logistics and engineering base in 2001 and commenced full operations in 2006. In June 2006, LADOL was designated as a
Free Zone pursuant to the Nigeria Export Processing Zones Act No. 63 1992. Completed at a cost of US$150 million, LADOL's initial infrastructures included: a 200m quay, 8.5m draft, 25-ton/m2 high load bearing area and additional 30-ton bollards at either end that can accommodate up to six
supply vessels and three
heavy-lift vessels; a hotel; warehouse; office complex; road; water treatment; and underground reticulation. In 2015, with the support of
Total Upstream Nigeria Limited, LADOL was further expanded to include a new US$300 million
Floating Production Storage and Offloading (FPSO) vessel fabrication and integration facility. The FPSO vessel fabrication and integration facility – currently being operated by SHI-MCI FZE, a Nigerian Local Content initiative-driven incorporated
joint venture between
Samsung Heavy Industries and LADOL's
shipyard operator, Mega-Construction and Integration FZE – was initiated to fabricate and integrate Total Egina FPSO in Nigeria and other similar projects expected to be carried out in Africa. The next phase of LADOL's expansion has been reported to include a
dry dock that will be the largest in West Africa and attract as many as 100,000 direct and indirect jobs. ==References==