Government pledges support for Gomoa Central Special Economic Zone

The Vice President, Professor Naana Jane Opoku Agyemang, has assured of the 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 African Continental Free Trade Area (AfCFTA) 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 AfCFTA 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.