Lee Group invests $1.8bn in Ogun industrial park
By the AFREEQUE newsroom, based on Punch
Lee Group of Companies plans to build a 450-hectare industrial park in Ogun State, Nigeria, to host more than 29 factories and create over 2,500 direct and indirect jobs. Governor Dapo Abiodun is due to launch construction on 12 November 2026; Punch presents the project as a way to increase the country’s manufacturing capacity.
Lee Group of Companies Ltd plans to invest $1.8 billion in the First Industrial Park, a 450-hectare industrial park located in the Sagamu and Obafemi-Owode districts of Ogun State, Nigeria. The project is expected to host more than 29 factories and generate more than 2,500 direct and indirect jobs, Punch reports.
The park is expected to host companies from several sectors, including soap and detergent manufacturing, food processing, cosmetics, recycling and export-oriented industries. The project also includes offices, housing and power facilities. Its gross development value is estimated at $3 billion.
Ogun State Governor Dapo Abiodun is due to launch construction on Thursday 12 November 2026. Aspira Products Stand, a Lee Group subsidiary and detergent manufacturer, plans to establish its West Africa regional office there.
This step comes after Lee Group announced the creation of 29 factories and 2,500 jobs, published on 1 November.
