Government pledges support for Gomoa Central Special Economic Zone
The Vice President, Professor Naana Jane Opoku Agyemang, has assured of government's unwavering support for the development of the Gomoa Central Special Economic Zone, stating that the project aligns with key government initiatives such as the 24-Hour Economy and Accelerated Export Development policies.
Located in Bewuadze, Gomoa Central District, the zone is expected to feature industrial parks, residential apartments, and eco-parks, among other amenities. Its strategic location along the Lagos-Abidjan corridor, responsible for $300 million worth of trade annually, presents a significant opportunity for Africa's trade and industry, according to the Africa Continental Free Trade Area (ACFTA) secretariat.
During a site visit to the proposed Gomoa Central Special Economic Zone (GCSEZ), Professor Opoku Agyemang expressed the government's commitment to the project's realisation, citing its potential to generate hundreds of thousands of jobs and stimulate industrial growth, thereby reshaping Ghana's economic landscape.
"The project aligns with our key national priorities, including the 24-Hour Economy policy and the Accelerated Export Development programme," she said.
The vice president also emphasised the government's commitment to rallying all state institutions to support the project, ensuring that it receives the necessary backing to succeed.
The ACFTA secretariat has welcomed the project, calling for support from Africa's financial institutions to help drive the development of a local market for Africa, amidst challenging global economic and trade policies.
The GCSEZ is expected to play a vital role in promoting Ghana's economic growth, with its competitive production hub, powered by renewable energy, set to attract investors and create employment opportunities for many Ghanaians.
Source: classfmonline.com/Samuel Addo
Trending Business

GRA engages taxpayers on VAT reforms, new Act implementation
07:55
Ghana ready for action-oriented investments – Trade Minister tells Chinese delegation
01:54
Ghana Gold Board signs landmark local gold refining agreement to boost value addition
09:53
GIADEC denies sale of VALCO, affirms strategic partnership for expansion and modernisation
07:41
Santol Energy aligns with Star Oil on fuel price relief, signals customer loyalty scheme
18:00
Ghana and China sign US$30 million grant agreement to support construction of new university in Damango
14:24
Steering NEIP with innovation, jobs, and youth empowerment: The Eric Adjei foot print
12:56
NPA holds strategic planning meeting to review 2025 performance, set 2026 priorities
10:54
Vice President pushes for balanced partnerships in an engagement with IMF officials
09:04
GIPC hosts major business forum with Japanese delegation to boost investment ties
15:24



