Lee Group unveils $1.8bn industrial park in Ogun, targets 29 factories, 2,500 jobs
A $1.8 billion industrial park being developed by Lee Group of Companies Ltd along the Lagos-Ibadan Expressway in Ogun State is expected to accommodate more than 29 manufacturing factories, generate over 2,500 direct and indirect jobs and further strengthen the state’s position as a leading industrial destination in Nigeria. The 450-hectare First Industrial Park, located […] Lee Group unveils…
The Lee Group of Companies has unveiled a $1.8 billion industrial park along the Lagos-Ibadan Expressway in Ogun State, Nigeria. The 450-hectare project is expected to house more than 29 manufacturing factories, creating over 2,500 direct and indirect jobs. The park is designed to support a wide range of industries, from soap and detergent production to cosmetics, recycling and export-oriented businesses.
Governor Dapo Abiodun of Ogun State is set to conduct the groundbreaking ceremony on November 12, 2026. The project is anticipated to bolster Nigeria's manufacturing capabilities and attract both domestic and foreign investments. Aspira Products Stand, a subsidiary of Lee Group, plans to set up its West African regional office within the park, further enhancing its commercial significance as a hub for manufacturing and distribution in West Africa.
Beyond the manufacturing facilities, the industrial park will offer administrative offices, residential areas, power and utility stations, banks, shopping malls, and recreational spaces. The strategic location along the Lagos-Ibadan Expressway will provide businesses with access to major markets, transportation networks, and logistics services, fostering economic growth in Sagamu, Obafemi-Owode, and surrounding regions.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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