The Shama Export Processing Zone (Shama EPZ) is another of the Ghana Free Zones Authority’s (GFZA) land banks. It is located in the Shama Ahanta East Metropolitan area in the Western Region of Ghana. The Shama EPZ is GFZA’s dedicated industrial park for the petroleum petrochemical sector.
The Shama enclave is a good and strategic location which covers 3200 acres of sea front land. The Free Zones Authority provides investment support in down stream refinery,distribution, transit and supply chain business services including dominant operators in chemical production as well as manufacturing of by-products like plastics and jellies provided they are intended for export. The GFZA also provides support in skills development and capacity building services for employers and employees in the petroleum sector.
The GFZA will provide land for tank farms, storage yards for logistics and haulage contractors, manufacturing of chemical inputs and accessories for the petroleum industry at very competitive prices. It is the GFZA’s intention to sustain its participation in Ghana’s oil sector by licensing and monitoring growing businesses in all the downstream and support services segments and the Shama EPZ will serve as the ideal industrial zone for those operations.
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Ghana’s cocoa sector set new record for domestic processing, as total volume of cocoa processed reached 300,000 tonnes during the 2017/18 season. The Ghana Cocoa Board (COCOBOD), which released a statement, said the 2017-2018 figure represents a 19 percent growth over 252,000 tonnes recorded during the 2016/17 season. The growth, according to COCOBOD, was drivenDecember 21, 2018
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Companies operating under the free zones enclave exported goods valued at US$1.04 billion in the first nine months of this year, as against their total imports of US$113.1 million within the same period. This means that the exports of free zones companies outstripped their imports by more than 100 per cent. The Executive Secretary ofDecember 4, 2018