To help transform Ghana into the Gateway to West Africa by creating an attractive and conducive business environment through the provision of competitive free zone incentives and operation of an efficient “one-stop-shop” for the promotion and enhancement of domestic and foreign investment.
To facilitate a vibrant economy in Ghana, driven by a well-integrated business environment with world class capacity for competition, technological innovations, business growth, economic diversity and development.
The Ghana Free Zones Authority [GFZA] was established on 31st August 1995 by an Act of Parliament to enable the establishment of free zones in Ghana for the promotion of economic development, to provide for the regulation of activities in free zones and for related purposes.
Ghana, a Commonwealth member country, has over the years made positive progress as a result of policy reforms which have improved macroeconomic performance and created a business environment conducive to the reduction of the cost of operating a business. The Ghana Free Zones Scheme has come therefore to represent an important tool for Government in promoting Ghana as an ideal investment destination.
The Ghana Free Zones Authority, which is the Government agency responsible for the implementation of the scheme, is achieving positive results. It’s important and expected role requires the Board to be the channel through which the export-led development policy is achieved. In view of this, the Board has positioned itself to provide the needed infrastructure and efficient services to investors in the free zone.
Apart from the obvious developments to make the Ghana Free Zones Scheme investor friendly, Ghana is strategically located with West Africa easy access to one of Africa’s biggest markets with a population of 400 million people. The location of Ghana as well as the relative stability of the country makes Ghana a gateway for regional trade and investment. Ghana also has other unique advantages compared to other locations in the sub-region.
The unique advantage Ghana possesses coupled with the generous incentives and the efficient services provided by the GFZA, makes the business environment more than ready to provide maximum returns on investment.
Investors are invited to come to Ghana and allow us easily and abundant labor force be a source of competitive advantage for you as you explore and develop larger markets for your goods and services.
The main objective of Free Zones Scheme is the promotion of Economic Development through the following means:
- An attraction of foreign direct investment.
- Creation of employment opportunities.
- Increase in foreign exchange earnings.
- Provision of business opportunities for foreign and local investors to undertake joint-ventures.
- Enhancement of technical and managerial skills/expertise of Ghanaians.
- Transfer of technology.
- Diversification of exports.