Full Occupancy of Tema Export Processing Zone Signals Investor Confidence in Ghana – President Mahama
The full occupancy of the Tema Export Processing Zone indicates investor interest in Ghana’s industrial sector and the need to provide additional space for businesses, President John Dramani Mahama has said.
The President made the point in connection with the development of the Afienya Industrial Park, which is intended to accommodate enterprises seeking land and infrastructure to establish or expand their operations.
The 1,238-acre industrial park will serve as an extension of the Ghana Free Zones Authority’s Tema enclave and is expected to accommodate more than 120 enterprises.
Its development follows the exhaustion of available space at the Tema Export Processing Zone, creating the need for additional industrial facilities to meet demand from prospective investors.
The Afienya Industrial Park is expected to provide serviced land, factory shells and essential infrastructure to support manufacturing and other productive activities.
The park is expected to attract businesses in sectors such as agro-processing, pharmaceuticals, textiles and garments, and automotive assembly, with the aim of increasing domestic production and expanding export capacity.
President Mahama’s industrial development agenda also seeks to encourage private-sector investment and create employment opportunities, particularly for young people.
The new facility is expected to provide opportunities for local farmers, suppliers and small businesses to participate in industrial value chains by supplying raw materials, goods and services to companies operating within the enclave.
The development is part of broader efforts to strengthen Ghana’s position as a manufacturing and export destination and to provide the infrastructure needed for industries to grow.
The Afienya Industrial Park is expected to complement existing industrial zones while creating additional opportunities for businesses to establish operations and contribute to Ghana’s economic development.
Richard Aniagyei, ISD