The Ghana Free Zones Authority (GFZA) has reported a 25% increase in revenue, generating GHS 2.5 billion in 2023. The growth reflects new investments and expansion of existing companies in export processing zones.
Key statistics:
- Companies operating: 250
- Direct jobs created: 50,000
- Export value: $3 billion
- New investments: $500 million
Top performing sectors:
1. Manufacturing (textiles, plastics, food processing)
2. Information and Communications Technology
3. Petroleum and petrochemicals
4. Pharmaceutical products
Major new projects include a $100 million textile factory in Tema and a $50 million pharmaceutical plant in Shama.
