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Lee Group Unveils $1.8bn Industrial Park in Ogun, Targets 29 Factories, 2,500 Jobs

Abiodun to Perform Groundbreaking November 12 as Obasanjo, Trade Minister, Industry Leaders, Diplomats and Traditional Rulers Grace Event A $1.8 billion industrial park being developed by Lee Group of Companies

The Lee Group of Companies Ltd has announced plans to develop a $1.8 billion industrial park along the Lagos-Ibadan Expressway in Ogun State. The 450-hectare First Industrial Park will accommodate over 29 manufacturing factories and generate more than 2,500 direct and indirect jobs. The park is designed to cater to various sectors, including soap and detergent production, PVC leather manufacturing, footwear production, mould manufacturing, food processing, cosmetics, recycling, and export-oriented industries.

The groundbreaking ceremony is scheduled for November 12, 2026, with former President Olusegun Obasanjo, the Minister of Trade and Investment, and other prominent stakeholders in attendance. The project is expected to attract substantial domestic and foreign investment, expand Nigeria's manufacturing capacity, and strengthen Ogun State's reputation as a preferred destination for industrial development.

Brief written by urgent.news from This Day's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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