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General News of Friday, 13 December 2019

Source: laudbusiness.com

Gov’t partners private sector to develop industrial parks

Alan Kyeremanten, Minister for Trade and Industry Alan Kyeremanten, Minister for Trade and Industry

Trade Minister, Alan Kyerematen has revealed that the government has partnered with private sector players to develop Industrial Parks and Special Economic Zones (IP and SEZ) around the country which is aimed at providing dedicated land space with energy, water and telecommunications facilities for the establishment of manufacturing industries.

Speaking at a lecture organised by the Danquah Institute on the theme: “Industrialising Ghana Beyond Aid for an Integrated Africa,” Mr Kyerematen said : “The specific projects currently being supported under the IP & SEZ initiative include the Dawa Industrial Zone (a 2000-acre industrial park with a 330 KVA power facility located in Dawa in the Greater Accra region);

“West Park (a 440-acre Industrial Park located in Shama in the Western region promoted by the BlackIvy Group of the United States); Appolonia Business Park (a 200-acre mixed-used Industrial Park and Residential Enclave promoted by the Appolonia Development Company).”

He stated that in collaboration with Sinohydro Corporation of China, Feasibility Studies, Engineering Designs and a Master Plan for the establishment of the Greater Kumasi Industrial City, a 5000-acre multi-purpose special economic zone.

The zone will incorporate the Boankra Inland Port and 21 specialized industrial parks including a Technology and Innovation Center, Biopharmaceutical Park, Food & Beverage Manufacturing, Automobile Park, Minerals and Metals Processing Facility, Furniture City, Convention & Exhibition Center and a Residential Enclave.