LOCATION ADVANTAGES

Ghana has the following unique advantages for free zone investments

i. A stable political environment within the West African sub region, with established democratic institutions and systems to ensure good governance of the country .

ii. Abundant, adaptable and easily trainable labour force

iii. A competitive daily minimum wage rate

iv. No restrictions on issuance of work and residence permits to free zone investors and employees

v. Duty free access of manufactured exports to USA (AGOA) and European Union markets

vi. Excellent sea and air connections with Europe and USA

vii. Strategic and central location within West Africa provides access to the ECOWAS market with an estimated population of 250 million people

viii. 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

x. Availability of factory buildings and serviced plots at the Tema Export Processing Zone

xi. 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

xii. 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.

xiii. A dynamic private sector willing to collaborate with foreign partners

xiv. A committed and progressive government/private sector participation

xv. A high degree of personal safety

xvi. A truly hospitable people