Saturday, 15 February

Ghana Free Zones Authority to strengthen investment drive for industrialization

Business
Dr Awusi in a group photograph with stakeholders at Tema Free Zones

The Ghana Free Zones Authority (GFZA) is intensifying efforts to attract investment and accelerate industrialization by streamlining processes, enhancing regulatory support, and improving business facilitation services.

Acting Chief Executive Officer, Dr. Mary Awusi, outlined her vision for a more investor-friendly environment during a staff engagement session at the Authority’s Tema office.

She emphasized the critical role of an efficient Free Zones regime in driving economic growth and creating jobs.

“By streamlining processes, strengthening regulatory support, and offering timely business facilitation services, we will create a more investor-friendly environment that enhances Ghana’s industrialization drive.”

Dr. Awusi reaffirmed her commitment to strengthening the Authority’s operations, highlighting four priority areas:

Enhancing operational efficiency Strengthening stakeholder engagement Improving security and infrastructure Fostering a positive workplace culture

She stressed the need for collaboration with businesses and government agencies to address long-standing challenges within the Tema Free Zones enclave.

During engagements with business leaders, Dr. Awusi identified security, water supply, and electricity reliability as major concerns affecting investors.

She assured stakeholders that the GFZA will work with relevant authorities to improve security and stabilize utility services.

“As we all know, a 24-hour economy is one of the key policies of this government, and before we can operate it effectively, issues of security, water, and energy must be addressed.

Pertaining to the security of this enclave, I will meet with the Minister of Interior today to address it.”

To resolve water shortages, Dr. Awusi announced the construction of a 2-million-gallon capacity water storage facility, which will significantly improve the water supply in the enclave.

“The problem of water shortage will soon be a thing of the past.”

Dr. Awusi’s proactive approach reflects the Authority’s commitment to boosting investor confidence, strengthening Ghana’s industrialization agenda, and positioning the country as a top destination for both foreign and local investment.

Source: Classfmonline.com/Cecil Mensah