Ogun Attracts $50m Chinese Investment to Boost Detergent Production, Job Creation

Ogun Attracts $50m Chinese Investment to Boost Detergent Production, Job Creation

 

 

 

Ogun State is set to receive a $50 million investment from Lee Group, a leading Chinese detergent manufacturer, aimed at expanding its production capacity and creating employment opportunities for residents.

 

The development was announced on Saturday by Kayode Akinmade, Special Adviser on Media and Strategy to Governor Dapo Abiodun. According to Akinmade, the plans emerged during Governor Abiodun’s recent visit to China alongside his economic team.

 

“The Lee Group expansion underscores the attractiveness of Ogun State as an emerging industrial hub in Nigeria. This investment will consolidate Lee Group’s market leadership, generate jobs, and stimulate economic activities along the value chain,” Akinmade said.

 

Beyond detergents, Lee Group intends to diversify into food processing with the establishment of two new factories dedicated to exports to the United States and Europe.

 

Governor Abiodun’s delegation also engaged Inspur, a top Chinese IT company, exploring potential collaboration to boost Ogun’s digital economy through knowledge exchange and technology transfer. “We believe Ogun can become a continental hub for ICT innovation with the right partnerships,” Akinmade noted.

 

In addition, the team met Linshuang Zhang, Chairman of Royal Ceramic, whose Sagamu factory exemplifies the confidence of global industrial players in Ogun State’s investment environment. Zhang praised the state government for creating a business-friendly atmosphere through robust infrastructure, enhanced security, and investor-friendly policies.

 

Abiodun also held discussions with Zhou Naixiang, Governor of Shandong Province, to strengthen economic ties under the Nigeria–China Comprehensive Strategic Partnership (NCSP), and with Wang Xinsheng, Mayor of Rizhao, focusing on the Olokola deep seaport project, which the governor said will position Ogun as a leading industrial and maritime hub in Nigeria.

 

“The engagement reflects our commitment to expanding investment frontiers for the benefit of our people. We are exploring opportunities in agriculture, manufacturing, technology, infrastructure, and human capital development,” the governor said.

 

With these strategic partnerships, Ogun State continues to solidify its reputation as a preferred destination for local and international investors, reinforcing its role in Nigeria’s industrial and digital transformation.