Audio By Carbonatix
The Founder and Chairman of the Entrepreneurs Foundation of Ghana, Sam Ato Gaisie, has called for a shift in investment from Accra to other regions, arguing that the success of the government’s 24-Hour Economy policy depends on balanced development across the country.
He said directing more public and private investment to regional capitals would spur industrialisation, create jobs for young people and unlock the economic potential of every part of the country.
“The time has come to build strong regional economies that create jobs where people live. We must encourage companies to establish factories, processing plants, logistics hubs, technology centres and service industries in the regions,” Mr Gaisie said at the Made in Ghana Business Summit 2026 which took place in Accra on Friday (June 10).
The summit was held on the theme, “Unlocking Regional Potential: Driving Industrialisation, Youth Entrepreneurship, Job Creation and Made in Ghana Prosperity.”
Pressure on Accra
Mr Gaisie said while Accra remained the country’s commercial hub, the heavy concentration of economic activity in the capital had created growing challenges, including traffic congestion, housing shortages, environmental degradation and recurrent flooding.
He said those challenges highlighted the need to decentralise investment and business activities to other regional capitals and emerging cities.
“For far too long, economic activity has been concentrated in Accra. Our future prosperity depends on decentralising investment and business activities across all regional capitals and emerging cities,” he said.
Mr Gaisie noted that the country possessed vast agricultural land, mineral resources, tourist attractions and talented young people across its regions, but many of those opportunities remained underdeveloped while thousands of young people continued to migrate to Accra in search of employment.
Regional investment
He said investing outside Accra would help businesses access new markets, reduce operational costs, strengthen local supply chains and support balanced national development.
He indicated that every region had unique economic strengths which, if fully developed, would transform regional capitals into vibrant business hubs capable of attracting both local and foreign investment.
Youth opportunities
Mr Gaisie encouraged young people to see the regions as places where they could build successful businesses instead of relocating to Accra in search of limited opportunities.
He identified agribusiness, agro processing, tourism, manufacturing, creative industries, digital innovation and green enterprises as sectors with significant potential to generate jobs and wealth.
He said creating employment in the regions would reduce rural urban migration while promoting inclusive economic growth.
Collaboration
Mr Gaisie called for stronger collaboration among government, the private sector, development partners, financial institutions and international investors to accelerate regional industrialisation.
He said such partnerships should focus on improving infrastructure, expanding access to finance and introducing policies that encouraged businesses to invest beyond the capital.
“Our vision is simple, a Ghana where every region contributes significantly to national development, where young people can succeed without leaving their hometowns, where businesses flourish across the country and where "Made in Ghana" products become globally competitive,” he said.
He urged stakeholders to work together to unlock the full economic potential of the regions, create sustainable jobs and build a stronger and more prosperous country.
Latest Stories
-
KMA denies claims of financial interest in Baba Yara Stadium prefabricated containers
8 minutes -
KMA to enforce standard container designs for all new structures in Kumasi from 2027
19 minutes -
“No ceremony can replace their voices” — Mahama consoles families of departed eight
19 minutes -
Two killed, seven injured in Mankessim–Accra Highway crash
25 minutes -
Otumfuo Osei Tutu II urges RCC Chief Directors to strengthen decentralisation and development delivery
29 minutes -
Mahama urges reforms to honour fallen helicopter victims
34 minutes -
“His laughter still lives with us” — Widow remembers Flight Sergeant Addo Mensah at crash memorial
41 minutes -
‘No more a death sentence’: Upper West gets expanded dialysis unit after years of pain, pleadings and hope
42 minutes -
‘Life is fragile, service is sacred’ – Mahama reflects on helicopter crash victims one year on
42 minutes -
‘Greatest memorial is not stone or bronze’ – Mahama calls for reforms after helicopter crash
44 minutes -
‘Grief remains’ – Peter Anala’s family appeals for prayers one year after helicopter crash
47 minutes -
Bono East Police shut Kwame-Danso station after attack on officers during court escort
51 minutes -
Richard Ahiagbah explains NPP Democracy Under Attack protest, calls for fairness in state investigations
51 minutes -
Economic Fighters League criticises approval of 6 mining leases, calls for bigger state stake in Ghana’s gold
56 minutes -
Ghana has not honoured ‘Departed 8’ enough in galamsey fight – Ashigbey
1 hour