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
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 CompanyNovember 15, 2018
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 forNovember 15, 2018
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 distanceNovember 2, 2018
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 companiesOctober 29, 2018