The Minister of Trade, Industry and Agribusiness, Elizabeth Ofosu-Adjare, has reaffirmed the government's commitment to industrialisation through the Ghana Free Zones Authority (GFZA).
According to her, the Authority's new "Feed-the-Industry" policy aims to transform Ghana's agricultural sector into a key driver of industrial growth and exports.
Speaking at the launch of the Authority’s 30th anniversary, Ofosu-Adjare, who also serves as the board chair of GFZA, emphasised that the programme’s primary focus is to convert traditional crops such as shea, fruits, and vegetables into high-value export products.
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"The Ghana Free Zones Authority is aligned with the Feed-the-Industry policy, promoting integrated agribusiness development through the transformation of cassava, cashew, fruits, shea, and vegetables into higher-value exports. This ensures not only foreign exchange earnings but also direct benefits to farmers and local communities," she stated.
She added that the policy is central to reducing Ghana’s long-standing dependence on raw commodity exports and positioning the country as a leading manufacturing and logistics hub on the continent.
"This aligns with the government's broader agenda of building a self-reliant economy that is export-driven, technology-enabled, and inclusive. Over the years, Ghana has pursued bold policies to position itself as a competitive hub for trade and investment," she noted.
Meanwhile, non-traditional export values for companies under the Ghana Free Zones Authority (GFZA) reached $1 billion as of the first quarter of 2025, with total capital investments by companies in the Free Zones area amounting to $70 million in the first half of 2025.
SP/SA
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