President Mahama Highlights Industrial Expansion and Job Creation in Ghana
President John Dramani Mahama visited the Bright International Industrial Zone to see the expansion of factories and industries, demonstrating the government's 24-hour economy initiative's job creation potential.
In Brief
- •President John Dramani Mahama visited the Bright International Industrial Zone to see the expansion of factories and industries, demonstrating the government's 24-hour economy initiative's job creation potential.
- •The industrial zone has seen significant growth, with more factories operating and young people employed across various industries, including textile, battery manufacturing, truck manufacturing, steel fabrication, and barge production.
- •The President acknowledged the pressure on the existing electricity infrastructure and announced that the transformer serving the industrial zone will be replaced within three weeks to improve electricity reliability and enable full 24-hour operations.
Why It Matters
The expansion of industrial activities in Ghana is a crucial step towards achieving the government's job creation objectives under the 24-hour economy initiative. This development is expected to create sustainable employment opportunities for the country's youth and strengthen Ghana's manufacturing capacity. The government's commitment to industrial development and support for manufacturers to obtain necessary licensing under the African Continental Free Trade Area (AfCFTA) will enable Ghana to move beyond its domestic market and supply goods across West Africa and the wider African continent.
Key Details
- Industrial Zone
- Bright International Industrial Zone
- Factories Visited
- Textile, battery manufacturing, truck manufacturing, steel fabrication, barge production
- Transformer Replacement
- Within three weeks
- New Economy Programme Investment
- $2 billion annually
- Focus Sectors
- Agriculture and irrigation, agro-processing, pharmaceutical enclaves, renewable energy, tourism
Context & Background
The 24-hour economy initiative aims to create a more dynamic and inclusive economic environment in Ghana, with a focus on job creation and industrial development.
Original Reporting & Sources
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