President John Dramani Mahama has assured international investors that Ghana is fully open for business round the clock.
Speaking to government leaders and business executives at the 8th Africa–Singapore Business Forum on Tuesday, 26 August, he said Ghana’s economic strategy was focused on productivity, exports, and job creation.
“Our economic strategy is anchored in productivity, exports, and jobs. We call it the 24-hour economy for a reason. Ghana is open for business 24 hours a day,” President Mahama said.
He explained that the government is putting in place infrastructure, incentives, and skills training to support businesses that want to operate day and night — including factories, farms, sports facilities, and service centres.
A key part of the strategy is the Volta Economic Corridor, which the president described as Ghana’s most ambitious development plan to date. It is built on four pillars:
- Irrigating more than two million hectares for year-round farming.
- Setting up agro-industrial parks for textiles, pharmaceuticals, and food processing.
- Boosting tourism and hospitality along Lake Volta.
- Transforming Lake Volta into a transport spine to reduce logistics costs and connect factories to markets.
President Mahama said these are being supported by major projects such as the Legon Pharmaceutical Innovation Park, the Kumasi Machinery and Technology Park, the Akosombo and Juapong Garments and Textiles Park, Digital TVET Centres of Excellence, and Renewable Corridors.
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