The Deputy Chief Executive Officer of the Ghana Free Zones Authority (GFZA), Mr. Musah Sibri Hamidu, has reaffirmed the Authority’s commitment to advancing Ghana’s investment climate and supporting government’s flagship programmes as the agency celebrates its 30th anniversary.
Speaking during a float organized as part of the anniversary activities, Mr. Hamidu said the celebration highlights three decades of growth, innovation, and partnerships that have positioned Ghana as one of the most attractive investment destinations in Africa.
“This year’s anniversary is very unique because many of our initiatives align with government’s 24-hour economy agenda,” he noted. “Everything we are doing supports the President’s vision to expand opportunities for investors and promote sustainable growth.”
He explained that the Authority had already begun a series of activities to mark the milestone, including a donation to the Ghana Prison Service, stakeholder engagements, and public awareness campaigns to promote the Free Zones concept.
Mr. Hamidu said Ghana’s political stability, skilled youthful population, and multilingual workforce provide a strong foundation for both local and foreign investors. “We have a fantastic and politically stable economy. Our youth are highly skilled, and many of them can speak foreign languages such as Chinese, German, Spanish and Swahili, making it easier for international investors to operate here,” he said.
The Deputy CEO also emphasized Ghana’s participation in key international trade platforms such as the African Continental Free Trade Area (AfCFTA), the African Growth and Opportunity Act (AGOA), and European Union trade partnerships, which allow enterprises registered under the Free Zones programme to export duty-free and quota-free to major global markets.
“Enterprises that register with the Ghana Free Zones Authority enjoy access to these markets and can sell their goods duty-free in the American and European markets. This is a major incentive that continues to attract investors,” he said.
Mr. Hamidu commended the government’s recent diplomatic and trade engagements with countries such as China and Japan, describing them as critical steps to strengthen multilateral and bilateral relations and create new opportunities for Ghanaian businesses.
He further observed that the stability of the Ghanaian cedi in recent months has boosted investor confidence, noting that “the cedi has regained its strength, and this positive economic trend is a clear sign that Ghana remains a destination of choice for investment.”
The 30th anniversary celebration provides an opportunity to showcase the Authority’s achievements and renew its commitment to fostering economic growth through partnerships and innovation.
Story by : Osman Issah Abadoo
