Lee Group of Companies Limited is developing a $1.8 billion industrial park in Ogun State, with plans to accommodate more than 29 manufacturing facilities and create over 2,500 direct and indirect jobs.
The proposed 450-hectare First Industrial Park is located along the Lagos-Ibadan Expressway, within Sagamu and Obafemi-Owode Local Government Areas. The development is expected to accommodate businesses operating in several manufacturing and industrial sectors.
According to information released by the company, the park is designed for industries involved in soap and detergent production, PVC leather manufacturing, footwear, mould production, food processing, cosmetics, recycling and export-oriented activities.
Ogun State Governor, Dapo Abiodun, is expected to perform the groundbreaking ceremony on November 12, 2026. Former President Olusegun Obasanjo, the Minister of Trade and Investment, business leaders, traditional rulers and members of the diplomatic community are among the dignitaries expected at the event.
One of the businesses associated with the project is Aspira Products Stand, a subsidiary of Lee Group. The company is expected to establish its West African regional office within the industrial park. The project announcement identifies Aspira as the largest detergent company by market share in West Africa.
Beyond factory buildings, the proposed development is expected to include administrative offices, residential facilities, power and utility stations, banks, shopping malls, showrooms, bonded warehouses and parking areas for trucks and trailers.
Other planned facilities include communication infrastructure, conference centres and recreational spaces to support businesses and people working within the industrial complex.
The project has a projected gross development value of $3 billion, according to the announcement, although the stated development investment is $1.8 billion.
The proposed industrial park is expected to add to Ogun State’s manufacturing capacity and attract businesses seeking access to the Lagos market and major transport routes. Its projected employment and investment benefits will, however, depend on the completion of the development and the actual establishment of the proposed factories.
Deborah Adeyefa
