Ghana Free Zones Board | Location Advantages

LOCATION ADVANTAGES

Ghana has the following unique advantages for free zone investments

A stable political environment within the West African sub region, with established democratic institutions and systems to ensure good governance of the country
Abundant, adaptable and easily trainable labour force
A competitive daily minimum wage rate
No restrictions on issuance of work and residence permits to free zone investors and employees
Duty free access of manufactured exports to USA (AGOA) and European Union markets
Excellent sea and air connections with Europe and USA
Strategic and central location within West Africa provides access to the ECOWAS market with an estimated population of 250 million people
A comparatively well developed infrastructure i.e. internal road network, electricity and water supplies, internal and external communications as well as sea and airport facilities
Availability of factory buildings and serviced plots at the Tema Export Processing Zon
An already existing industrial base ranging from heavy engineering to precision industries, electronics, agro processing, plastics and metal work, clothing and textiles, jewelry and wood processing
Availability of a stock exchange as well as other bank and non-banking financial institutions i.e. Exim- Guaranty Co. Limited, Venture Fund Management Company, Ghana Leasing Company, Export Development and Investment Fund, etc.
A dynamic private sector willing to collaborate with foreign partners
A committed and progressive government/private sector participation
A high degree of personal safety
A truly hospitable people