Ghana teams up with China to build ‘Industrial City’ in Central region

Ghana teams up with China to build ‘Industrial City’ in Central region

- A Chinese company, ONEGO, is set to help build an 'industrial city' in the Central region

- The project is likely to generate a total of 350,000 jobs when it is completed

- The industrial city would be started in 6 months' time

An investment consulting firm based in China, ONEGO, is in negotiations with key stakeholders to establish an ultra-modern industrial city in the Central Region.

Information available suggests that the city would be built on 10,000 to 25,000 acres coastal lands. These, YEN.com.gh understands would accommodate more than 100 manufacturing enterprises.

Per a Citinewsroom.com report, it would also be capable of generating 300,000 indirect and 50,000 direct jobs.

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The project is scheduled to commence in six months, and would add $2 billion to Ghana’s Gross Domestic Product (GDP), raking in $500 million revenue and $8 billion volumes of trade investments.

The leader of the delegation of Chinese investors, Stephen Amoah, disclosed that the project formed part of the Ghana Special Economic Zone initiative.

He said this as his team engaged key stakeholders to solicit their views and court their support for the establishment of Central region’s Special Economic Zone Business Proposal to facilitate business development and job creation.

Amoah revealed that the project, when completed, would be the biggest industrial park in Africa, providing opportunities for investors to locate their industries in the enclave with reliable supply of energy, water, transport among others.

Obrempong Nyanful Krampah XI, the president of the regional house of chiefs and the paramount chief of Gomoa Ajumako Traditional Area, called for the unflinching support and commitment of all stakeholders to support and cooperate to bring development to the region.

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Source: Yen

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