Is 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.
Is 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 Programme 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 programme, is achieving positive results. Its 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 Programme 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 Programme is the promotion of Economic Development through the following means :
- An attraction of foreign direct investment
- Creation 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
News and Events
Bunge Loders Croklaan (BLC), the specialty oils and fats business of Bunge Limited (NYSE:BG), officially announces the opening of its state-of-the-art shea butter processing facility in Tema, Ghana with the launch of the Where Life Grows campaign that celebrates the company’s efforts to build a resilient and sustainable shea supply chain in Africa. The cuttingSeptember 14, 2020
The Environmental Protection Agency (EPA) has directed companies that store ammonium nitrate to be mindful of accepted safety protocols. The EPA’s notice comes after a stockpile ammonium nitrate detonated in the capital of Lebanon, Beirut, last week Tuesday. In a statement, it directed “all concerned in the storage, handling and use of ammonium nitrate, toAugust 11, 2020
The government has set in motion a programme to salvage the economy from the impact of the COVID-19 pandemic. Known as the Ghana COVID-19 Alleviation and Revitalisation of Enterprises Support (CARES) Programme, the historic initiative aims to inject a minimum of GH¢100 billion into the economy in the next three years to help protect lives,August 10, 2020
President Nana Addo Dankwa Akufo-Addo on Monday, [August 3, 2020] unveiled the first VW vehicles assembled in the newly established VW Assembly Plant in Ghana.The models being assembled are Tiguan, Teramont, Amarok, Caddy, Polo and Passat. President Akufo-Addo during the unveiling ceremony at the Kempinski Hotel said “it is a good day for Mother Ghana.”August 10, 2020