We have taken another significant step towards unlocking the economic potential of Ogun State with the signing of Memoranda of Understanding with DP World MEA FZE for the development of the Gateway Deep Sea Port and the Ogun State Blue Marine Special Economic Zone.
The projects, witnessed by our President, His Excellency Asiwaju Bola Ahmed Tinubu, GCFR, in Paris, France, are expected to attract more than $7 billion in initial investment and create over 50,000 direct jobs, while opening new opportunities in manufacturing, logistics, maritime services, exports and other sectors.
The Gateway Deep Sea Port in Ogun Waterside will be integrated with a proposed 10,000-hectare Blue Marine Special Economic Zone and connected to other strategic infrastructure, including the Lagos-Calabar Coastal Highway and our Gateway International Airport.
For us, this is about much more than building a port. We are creating an integrated economic corridor capable of connecting Ogun State’s productive capacity to markets across Africa and the rest of the world.
We appreciate President Tinubu for the leadership and federal support that have helped move this long-standing vision closer to reality. We equally commend the Federal Ministry of Marine and Blue Economy, the Nigerian Ports Authority and all our partners for their commitment.
Under our Building Our Future Together agenda, we remain committed to attracting investments, creating jobs and positioning Ogun State as a leading industrial, logistics and investment destination.