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Lee Group unveils $1.8bn industrial park in Ogun

Lee Group of Companies is developing a $1.8bn industrial park in Ogun State, expected to host over 29 factories and create more than 2,500 jobs. Read More: https://punchng.com/lee-group-unveils-1-8bn-industrial-park-in-ogun/

Lee Group unveils $1.8bn industrial park in Ogun

The Lee Group of Companies Ltd has unveiled plans for a $1.8bn industrial park located along the Lagos-Ibadan Expressway in Ogun State, Nigeria. Spanning 450 hectares within the Sagamu and Obafemi-Owode local government areas, the First Industrial Park is set to accommodate over 29 manufacturing factories across various sectors, including soap and detergent production, PVC leather manufacturing, footwear production, and more.

The project is expected to generate more than 2,500 direct and indirect jobs and bolster Ogun State's position as a leading industrial destination in Nigeria. With the anticipated groundbreaking ceremony on 12 November 2026, the park is projected to attract substantial domestic and foreign investment, expand Nigeria’s manufacturing capacity, create employment opportunities, and further strengthen Ogun State's reputation as a preferred industrial development hub.

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

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