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

The Lee Group, a leading Nigerian conglomerate, is set to unveil a $1.8bn industrial park in Ogun State. According to Premium Times, the facility spans 450 hectares and is located within the Sagamu and Obafemi-Owode local government areas of the state. The industrial park aims to accommodate manufacturing businesses across several sectors, with plans to establish 29 factories and create 2,500 jobs. This strategic move is part of the group’s commitment to drive industrial growth and job creation in Nigeria.

The industrial park, a significant investment by the Lee Group, is expected to boost the state’s industrial sector and contribute to Nigeria’s overall economic development. However, the exact date of the unveiling ceremony has not been disclosed.

This development comes at a time when Nigeria is experiencing a growing demand for industrial parks to support the growth of manufacturing businesses and create employment opportunities. The Lee Group’s initiative is a testament to the potential of private-sector-led industrial development in Nigeria.