Chief Executive Officer of the Free Zones Authority, Dr. Mary Awusi, has reaffirmed the board’s unwavering commitment to working closely with the government, investors, and development partners to position Ghana as the preferred destination for export-led industrialisation and to support the successful implementation of the government’s 24-Hour Economy agenda.
Speaking at the opening ceremony of the seventh Ghana Investment and Trade Week (GITW) at the Palms Convention Centre in Accra, Dr Awusi highlighted the Authority’s goal to position Ghana as the preferred destination for export-led industrialisation while supporting the successful implementation of the government’s 24-Hour Economy agenda.
The three-day summit, organised by MIE Events in collaboration with strategic partners, is being held alongside the Africa Build Show and MEGAWATT Africa.
Dr Awusi commended the organisers for convening a distinguished gathering of policymakers, investors, industry leaders, and development partners.
She noted that the event provides an essential platform for meaningful discussions aimed at fostering strategic partnerships and unlocking new opportunities for investment, industrial growth, and sustainable development across the African continent.
According to the Chief Executive, the summit’s theme reflects a shared ambition to build a productive, resilient, and globally competitive economy.
This vision relies heavily on modern infrastructure, reliable energy, efficient logistics, and a vibrant private sector—all of which align strongly with the Free Zones Authority’s mandate to create an enabling environment that attracts export-oriented investment, promotes value addition, and creates sustainable employment opportunities for Ghanaians.
To achieve this, the Authority continues to play a pivotal role in facilitating business growth through a transparent regulatory framework. Established to promote, facilitate, and regulate export-oriented investments, the Authority offers robust incentives to both local and foreign investors.
Companies operating under the Free Zones Scheme benefit from a 100 per cent income tax exemption on profits for the first ten years, which will not exceed 50 per cent thereafter.
They also enjoy 100 per cent exemptions from direct and indirect duties and levies on all imports for production, alongside unrestricted repatriation of dividends and profits.
Beyond these fiscal incentives, Dr Awusi emphasised that the Authority provides vital business facilitation and licensing support.
She added that enterprises in Ghana are uniquely positioned to leverage several international trade agreements, including the African Continental Free Trade Area (AfCFTA), the African Growth and Opportunity Act (AGOA), Economic Partnership Agreements (EPA), and the Ghana-UK Trade Partnership Agreement.
Featuring exhibitions, investment fora, and business matchmaking sessions, the week’s events are highly anticipated to generate the strategic partnerships required to drive Ghana’s industrialisation and economic transformation agenda forward.
By: Rainbowradioonline.com/Ghana