Audio By Carbonatix
Non-traditional export values for companies under the Ghana Free Zones Authority (GFZA) has hit $1billion as at the first quarter of 2025.
This was disclosed by the Chief Executive Officer of the authority, Dr. Mary Awusi at the launch of its 30th anniversary in Accra.
In her address, Dr. Awusi highlighted the contribution of the authority to socio-economic development.
“The export value for the first quarter of 2025 alone stands at US$1 billion. These enterprises have added to receipts from Ghana’s non-traditional exports from $145.4 million in 1997 to $2.25 billion at the end of 2024.”
She stated that the authority will lead the charge to ensure the completion of Export Processing Zones in the Ashanti, and Greater Accra regions. Dr. Awusi was optimistic that this will boost the country’s export values.
“From three designated Export Processing Zones (EPZs), the authority now manages five with Tema EPZ fully developed and Sekondi EPZ partially developed. I hope to develop the other three at Shama, Ashanti, and Afienya EPZs”.
Capital Investments
Total capital investments made by companies under the Free Zones area reached $70 million in the first half of 2025.
This adds to the grand total of capital investments of $354 million recorded at the end of 2024.
The Ghana Free Zones Authority has about 306 active licensed enterprises operating under the authority.
The Authority is optimistic of increasing capital investments from the enlisting of new companies by the end of 2025.
“Capital investment has expanded from $117 million in 1997 to $354.8 million in 2024, with $70 million already invested as at the second quarter of 2025,” she said.
Latest Stories
-
Kpebu doubts claims that Akufo-Addo administration interfered with Special Prosecutor
1 hour -
It’s difficult to believe everything the OSP says – Manasseh Awuni
2 hours -
I would’ve blocked Ofori-Atta from leaving Ghana if I were Special Prosecutor – Martin Kpebu
2 hours -
I’m headed for public office, but not the OSP role – Martin Kpebu
2 hours -
I will only submit my allegations to a board, not the OSP’s subordinates – Martin Kpebu
3 hours -
‘I’m still a bit traumatised’ – Martin Kpebu recounts alleged abuse during OSP arrest
3 hours -
Martin Kpebu dismisses claims he seeks to become Special Prosecutor
3 hours -
Martin Kpebu denies verbally abusing OSP officers, says allegations are fabricated
3 hours -
Mahama arrives in Doha for 2025 Doha Forum engagements
3 hours -
Milo U13 Champs: Ahafo’s Adrobaa set for thrilling final with Franko International of Western North
5 hours -
Ghana’s HIV crisis: Stigma drives new infections as AIDS Commission bets on AI and six-month injectables
7 hours -
First Ladies unite in Accra to champion elimination of mother-to-child HIV, Syphilis, and Hepatitis B transmission
7 hours -
US Supreme Court agrees to hear case challenging birthright citizenship
8 hours -
Notorious Ashaiman robber arrested in joint police operation
9 hours -
Judge sets key dates after video evidence hurdle in Nana Agradaa appeal case
9 hours
