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Ghana Gas To Supply Gas Directly To Tema EPZ As Alternative Energy Source - GFZA Boss



 Reported by, Nsor Paul Mensah.

The Chief Executive Officer CEO of Ghana Free Zones Authority has disclosed that the Authority is in talks with the Ghana gas company to supply gas directly to Tema EPZ as an alternative energy source for the company.

"Am pleased to tell you that these talks have concluded positively and are awaiting implementation. This will again contribute to the "zero carbon footprint", as previously espoused.

Regarding security, the Authority procured two motorcycles for the Kpone Police Command to enhance patrol of the enclave and to enhance security. He therefore thanked Cocoa Touton, who bought an additional motorbike for the same project.



According to Ghana Free Zones Authority chief Executive Officer,  the current trend in industrial development is towards the development of Special Economic Zones, which is a broader concept than Export Processing Zones

Adding that the Ministry of Trade and Industry, which is their parent Ministry, is therefore in the process of developing an SEZ policy. Hopefully, the Free Zones concept will be rebranded into an SEZ in line with current trends.

"As you may be aware, the AFCFTA Agreement allows goods from Special Economic Zones (SEZs) or Export Processing Zones (EPZs) to export to Africa under preferential treatment if they meet the rules of origin. Thus, free zone enterprises utilizing local raw materials from Ghana, specifically, or Africa as a whole, can qualify to export under the AFCFTA." 

He said the  Authority is collaborating with the AFCETA National Coordination Office (NCO) to develop a GFZAJAICETA strategy to integrate AFCETA into their activities if there are any lessons to be feained from the COVID-19 pandemic, 4 taught them that deploying technology is the way to go. 

"Thus, most of the Authority's approvals have been migrated online under the ICUMS single window Members of the media, as part of our corporate social responsibility, the Authority identified breast cancer as a serious issue affecting women. As a result, it instituted a breast cancer awareness project during the breast cancer awareness month of October."

He indicated that the new strategy of the management is to embark on more targeted marketing by identifying potential businesses or businesspeople, both locally and internationally, and attracting them to locate in the designated SEZ.

"We will also focus on rigorous monitoring and compliance to ensure that free zone enterprises comply with the rules and regulations. As an additional service, we have recently introduced the concept of "aftercare" to provide value added services to existing free zone enterprises within our mandate to make their investment in Ghana worthwhile." 

The Chief Executive Officer CEO of Ghana Free Zones Authority Amb. Michael Oquaye Jnr, was Speaking at media breifing for 2022 investment week celebrations on the theme  "GFZA: Championing Export-Led Industrial Growth in the Context of AFCFTA and World Trade." 

This , to him, the theme was chosen to reflect the government's focus on export-led industrialization and the Africa Continental Free Trade Area Agreement (AFCFTA) implementation.

The media briefing is the first activity of the Investment Week celebration. The essence of this briefing is twofold. Firstly, he updated the  media on the achievements of the GFZA and the plans for the coming year, which they expect media to convey to the good people and business community of Ghana and the activities scheduled for the weeklong investment celebration.

The 3rd Annual Ghana Free Zones Investment Week meeting will discuss a pathway for supporting exporters to optimize exports within Africa and beyond.

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