Ghana Free Zones Board

The Ghana Free Zones Board’s mission is to help transform Ghana into the Gateway to Africa by creating an attractive and conducive environment through the provision of competitive free zone incentives and operation of and “one-stop-shop” for the promotion and enhancement of domestic and foreign investment.

Objective

The Free Zone Act sets the main objective of the programme as the promotion of economic development – through the attraction of foreign and direct investment; creation of employment opportunities; increasing foreign exchange earnings; provision of business opportunities for foreign and local investors to undertake joint-ventures; enhancement of technical and managerial skills/expertise of Ghanaians; transfer of technology; and, diversification of exports.

Concept

The Ghana Free Zones Programme is three-dimensional. It introduces the concept of free ports where bureaucratic impediments and governmental levies do not apply and thus aim to maximise the utilisation of port facilities by shippers. It innovates air transportation through a liberalised skies policy by freeing-up airline companies from heavy regulation and charges formally applicable to their operations. It combines both the enclave and single-factory enterprise schemes which is designed to promote processing and manufacturing of goods through the establishment of Export Processing Zones (EPZs), and, encourage the development of commercial and service activities at sea and air-port areas. In essence, the whole of Ghana is accessible to potential investors who have the opportunity to use the free zones as focal points to produce goods and services for foreign markets.

The Ghana Free Zone programme is completely private sector driven. Government’s role is limited to facilitate, regulate and monitor activities of zone developers/operators and enterprises.

Enquiries

The Executive Secretary
Ghana Free Zones Board
P.O. Box M626
Accra
Ghana

Tel: +233 21 780532-5
Fax: +233 21 780536/780534
Telex: 2951 FRZONE GH
Email: gfzb@africaonline.com.gh
Website: www.ghanaclassifieds.com/gfzb