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General News of Thursday, 26 June 1997

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Ghana, Business Focus Sign Agreement On Free Zone

Accra, -- The Ghana Free Zones Board and Business Focus SDN of Malaysia have signed a lease agreement which gives legal backing to thhe Malaysians to take possession and develop 600 acres of la A statement issued by the Free Zones Board in Accra today said the agreement was signed on June 10 at the Ministry of Trade and Industry. The lease agreement was signed on behalf of Ghana Free Zones Board by Dr John Abu, Minister of Trade and Industry, while Mr Amin Shah Omar Shah, Executive Chairman of Business Focus, signed for The statement said Business Focus, a muilti-national conglomerate based in Kuala Lumpur, Malaysia, is in the process of preparing a layout of the area prior to on-site infrastructure development "It is envisaged that many jobs will be created by the development of the free zone programme. In this regard, the Business Focus Group plans to concurrently develop residential estates of a subs