Lee Group unveils $1.8bn industrial park in Ogun

A $1.8bn 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 within the Sagamu and Obafemi-Owode local government areas of the state, is designed to accommodate manufacturing businesses across several sectors, including soap and detergent production, PVC leather manufacturing, footwear production, mould manufacturing, food processing, cosmetics, recycling and export-oriented industries.

Ogun State Governor, Prince Dapo Abiodun, is expected to perform the groundbreaking ceremony on Thursday, 12 November, 2026, marking a significant milestone in the development of the industrial project.

Former President Olusegun Obasanjo, the Minister of Trade and Investment, captains of industry, traditional rulers, members of the diplomatic community and other prominent stakeholders are also expected to attend the ceremony.

The project is expected to attract substantial domestic and foreign investment, expand Nigeria’s manufacturing capacity and create employment opportunities while strengthening Ogun State’s growing reputation as a preferred destination for industrial development.

Among the businesses associated with the project is Aspira Products Stand, a subsidiary of Lee Group of Companies, which is identified by the project information as the largest detergent company by market share in West Africa. The company plans to establish its West African regional office within the Lee Group First Industrial Park.

The proposed regional office is expected to strengthen the park’s commercial significance and position it as a potential hub for manufacturing, distribution and other business activities serving markets acrbnoss West Africa.

The development is projected to have a gross development value of $3bn, reflecting the scale of the proposed industrial ecosystem and its potential contribution to economic activities within Ogun State and beyond.

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Beyond the manufacturing factories, the industrial park will feature administrative offices, residential facilities, power and utility stations, banks, shopping malls, showrooms, bonded warehouses, truck and trailer parking bays, communication facilities, conference centres and recreational facilities.

These supporting facilities are designed to create an integrated industrial environment where manufacturing, logistics, warehousing, financial services and commercial activities can operate within a coordinated location.

The park’s location along the Lagos-Ibadan Expressway, particularly its proximity to the Sagamu Interchange, is expected to provide businesses with access to major markets, transportation networks and logistics services. The strategic location is also expected to facilitate the movement of raw materials and finished products while improving access to distribution channels across the country.

The project is further expected to stimulate economic activities in Sagamu, Obafemi-Owode and neighbouring communities through increased demand for transportation, freight services, vehicle maintenance, accommodation, restaurants, fuel stations and other supporting businesses.

With more than 29 manufacturing factories planned for the park, the developers project that the completed facility will generate over 2,500 direct and indirect jobs. Construction activities are also expected to provide additional employment opportunities, while the factories and associated businesses will create openings for skilled and unskilled workers, young people and women.

The concentration of manufacturing companies within a single industrial development is also expected to create opportunities for small and medium-sized enterprises to supply goods and services to businesses operating in the park.