Property Development e Construction

Cobel Construction Services
Nigeria Limited

Leader Construction Company

Cobel

Cobel PartnerCobel Construction Services Nigeria Limited is a joint venture between Orlean Invest, Chagoury group and CFE.
Cobel will be the construction company for Eko Atlantic, Eko Energy Estate.

The Group CFE

CFE, the leading company in Cobel Construction Services Nigeria Limited, is a multidisciplinary group of companies listed on Euronext Brussels. CFE is the first player in Belgium’s construction industry, with a presence in the Netherlands, the Grand Duchy of Luxembourg, Central Europe, Africa, Asia and the Middle East. His first activity, dredging and marine engineering, is executed by DEME, branch at 100%, that is active across the globe.
The six fields in which CFE is active are Dredging & Marine works, Construction, Real Estate & Management services, Multitechnics, Rail & roads and PPP concessions.
In the future, the group will employ around 8000 people and consolidate a turnover of more than 3 billion euros.

Cobel project

Increasing diversification and international development

In the last years, the CFE Group continued to grow in accordance with its strategy by focusing on international development, strengthening its multitechnics division and making sustainable development an integral part of all its activities. More than ever, the Group demonstrated the effectiveness of its structural and operational model. The model’s strength lies in the good fit between business lines and the resulting synergies, making the business ideally suited to meet growing market demand for comprehensive solutions. Customer satisfaction is a core priority.
The model also underpins CFE’s reputation as a highly reliable and top-quality partner. A coherent structure that generates synergies. No company is part of the CFE Group by chance: the Group is a coherent collection of complementary entities and business lines.
In upstream businesses, property development companies handle the entire development process: purchasing land, selecting projects, obtaining permits, carrying out construction work and selling properties to homeowners and investors.
The PPP Concessions division, which in 2011 won the DBFM-contract to build a new police station in Charleroi, is a major advantage for CFE when bidding for contracts, since it can offer project-financing expertise to local authorities. It also works on long-term contracts, whereas the rest of CFE’s activities are more short- term. Whenever the Group is involved in the upstream part of a property development or concession project, synergies come to the fore. For example, general contracting units carry out construction work, specialist electricity and HVAC units install equipment and facilities, and civil engineering units build infrastructure and perform other works. Maintenance is then carried out by specialist subsidiaries like Aannemingen Van Wellen (roads), MBG (civil engineering) and be.Maintenance (multitechnics). The finance and concessions departments arrange financing for all activities.

Cobel project

In addition, CFE’s entities specialising in pile-driving works, civil engineering and marine engineering, such as GEKA Bouw, increasingly work together in Belgium and the Netherlands, and even in certain projects in Germany and Denmark.
As a result, the CFE model is based on a logical integration of the value chain, with synergies arising between the Group’s various companies. The Group is maintaining its balanced and complementary range of businesses as it continues to grow and diversify, developing new business lines and integrating new companies while also seeing its investments in DEME generate equivalent growth.

Contact Cobel Construction Services Nigeria Limited

Office Location
7th floor, Plot 1684
Sanusi Fafunwa Street, VI,
Lagos, Nigeria
Tel: +234 1 46338303

Property Development e Construction