Global technology giant and Taiwanese multinational conglomerate, Foxconn, has expressed interest in establishing a manufacturing plant in Ogun State.
The company’s Assistant Vice President, Corporate Business Development (Chairman’s Office), Mr. Vincent Lee, disclosed this at the weekend while leading a delegation to meet Governor Dapo Abiodun at the Gateway City Gate Interchange, along the Abeokuta–Sagamu Expressway.
Lee said the delegation was in the state to explore business opportunities and evaluate prospects for establishing operations. According to him, Foxconn is the world’s largest contract electronics manufacturer with an annual revenue base exceeding $200 billion and employing thousands across its various manufacturing plants worldwide.
He noted that Foxconn’s areas of expertise include smart manufacturing, technology infrastructure, and industrial development.
“We are here in Ogun State to meet with Mr. Governor and discuss investment opportunities that could lead to establishing our business here,” Lee said.
Governor Abiodun, in his remarks, said Ogun State is gradually emerging as Africa’s investment and ICT powerhouse through wide-ranging reforms and a conducive business environment.
He highlighted the state’s ability to generate sustainable revenue and attract private capital without overreliance on federal allocations, describing this fiscal creativity as positioning Ogun as an economic model for Nigeria.
The governor stressed that his administration will continue to unlock opportunities to empower citizens and strengthen investor confidence, noting that Ogun is deliberately promoting ICT as both an enabler of governance and a magnet for global investors.
He added that his government’s introduction of advanced geo-mapping systems has improved transparency and efficiency in land allocation, prevented multiple allocations, closed loopholes, and bolstered investor confidence through reliable, accessible land data.
Calling on both local and foreign investors to take advantage of the state’s unique features, Governor Abiodun described Ogun as Nigeria’s industrial gateway—one of Africa’s most attractive destinations for investment and innovation.
