Location Advantages

Ghana has the following unique advantages for free zone investments

  • A stable political environment within the West African sub region, with established democratic institutions and systems to ensure good governance of the country
  • Abundant, adaptable and easily trainable labour force
  • A competitive daily minimum wage rate
  • No restrictions on issuance of work and residence permits to free zone investors and employees
  • Duty free access of manufactured exports to USA (AGOA) and European Union markets
  • Excellent sea and air connections with Europe and USA
  • Strategic and central location within West Africa provides access to the ECOWAS market with an estimated population of 250 million people
  • A comparatively well developed infrastructure i.e. internal road network, electricity and  water supplies, internal and external communications as well as sea and airport facilities
  • Availability of factory buildings and serviced plots at the Tema Export Processing Zone
  • An already existing industrial base ranging from heavy engineering to precision industries, electronics, agro processing, plastics and metal work, clothing and textiles, jewellery and wood processing
  • Availability of a stock exchange as well as other bank and non-banking financial institutions i.e. Exim- Guaranty Co. Limited, Venture Fund Management Company, Ghana Leasing Company, Export Development and Investment Fund, etc.
  • A dynamic private sector willing to collaborate with foreign partners
  • A committed and progressive government/private sector participation
  • A high degree of personal safety
  • A truly hospitable people

News and Events

  • Don’t condemn the entire Free Zones – Free Zones boss to GRA

    The Ghana Free Zones Authority has stated that it does not support illegal acts and would support the Customs Division of the Ghana Revenue Authority (GRA) in carrying out its mandate of policing goods entering and exiting Free Zone areas. It has consequently asked the GRA not to use the culpability of one Free Zone Company

    November 15, 2018
  • Auditing of licensed duty-free begins

    The Ghana Free Zones Authority (GFZA) is undertaking an independent audit of all licensed duty-free shops and household plastic manufacturing companies found to have violated the Free Zone Act 1995 (ACT504). The audit has become necessary following the arrest of some four persons by the Ghana Revenue Authority (GRA) for diverting duty-free goods released for

    November 15, 2018
  • Ease Of Doing Business Report: Ghana Moves Up Six Places

    Ghana has made progress in the ease of doing business, according to the World Bank Group 2019 Doing Business Report- Training for Reform, released yesterday. Ghana improved its ranking to 114 out of 190 economies up six places from 120 in the 2018 Doing Business Report. Ghana’s ease of doing business score formerly called distance

    November 2, 2018
  • Media Briefing: Inactive Free Zones companies face delisting

    Date: Aug 07 , 2018 , 09:48 BY: Doreen Andoh, Graphic Online   At least 60 out of the 200 companies operating in free zone enclaves risk having their names delisted from the records of the Ghana Free Zones Authority (GFZA) because they have become inactive. The authority will go ahead to delist such companies

    October 29, 2018