On May 19, 2015, The Chairman of LFZDC (Otunba Olusegun Jawando) and members of Top Management of LFZDC led by the Managing Director (Mr. Ding Yonghua) signed the LFZDC Concession agreement with the Lagos State Government. The Concession agreement officially grants LFZDC the concession to develop, manage and operate the Southwest Quadrant of the Lekki Free Zone (3000 hectares of land) for 50 years.

Order of standings from left: Mr Adeyemo Thompson (DMD, LFZDC), Mrs. Adejoke Oladipupo (rep. Ministry of Commerce & Industry, Lagos State), Otunba Olusegun Jawando (Chairman, LFZDC), Mrs. Funlola Odulami (Director, Commercial Law Directorate, Lagos State), Mr. Ding Yonghua (MD, LFZDC) & Mr. Huang Xigong (Engineering Controller, LFZDC), during the signing of the Concession Agreement for LFZDC.