$7bn Ogun Deep Sea Port construction begins in November – Abiodun
Ogun State Governor, Prince Dapo Abiodun, has disclosed that construction work on the over $7 billion Gateway Deep Sea Port and Ogun State Blue Marine Special Economic Zone in Ogun Waterside Local Government Area will commence in November this year.
Abiodun made the disclosure while addressing All Progressives Congress (APC) stakeholders in Ijebu East and Ijebu North Local Government Areas, days after signing a Memorandum of Understanding (MoU) with DP World MEA FZE in Paris, France, in the presence of President Bola Ahmed Tinubu.
The governor said the groundbreaking ceremony for the project would take place in November, after which construction would commence immediately, with the port expected to be substantially completed within two and a half years. By November, we will perform the groundbreaking and the construction will start immediately. In two and a half years, that port will almost be completed 100 per cent,” Abiodun said.
He said the project, to be undertaken in partnership with DP World, one of the world’s major port operators, represented a significant opportunity to unlock Ogun State’s maritime and economic potential.
According to him, the port project had remained largely unrealised for more than three decades despite its enormous potential, prompting his administration to revive it as part of its strategy to attract investment and accelerate economic development.
“Governance is about vision and implementation,” the governor said, adding that the project would position Ogun as a major maritime destination in Africa.
“Ogun State will become the marine capital of Africa, the marine hub of West Africa, meaning that the biggest ships in the world, when they are coming to Africa, will first come to Ogun Waterside.”
Abiodun expressed appreciation to President Tinubu for his support for the project, particularly for personally witnessing the signing of the MoU and assuring the investors of the Federal Government’s backing.
