by Isaac Essel

December 3, 2017


Western region, first to establish industrial park in Ghana

The Western region is the first to benefit from government’s one region one industrial park policy following the acquisition of a 405 acre land by BlackIvy Group LLC company to establish an industrial park, WestPark.

BlackIvy Group LLC, is a U.S based multinational company. The company builds and grows logistics and infrastructure solutions for emerging economies.

WestPark like other nine proposed parks will accommodate different industries and factories as it is geared towards government’s industry democratization agenda.

The Minister of Trade and Industry, Alan K. Kyeremanten speaking at the ground breaking ceremony at Yabiw in the Shama district of the Western region said although the facility is owned and managed by a private organization, BlackIvy, government is ready to court investors to populate the park.

Government, he said, believes, “building industrial clusters is capable of attracting global market leaders”.

The sector minister is confident the WestPark industrial enclave will attract both domestic and international investors in areas like: manufacturing, processing of agriculture produce or distribution.

“Industrial parks like this will not only lead to the creation of thousands of new jobs, they will help unlock the value of the abundant resources we have in this area,” the minister noted.

According to the minster, Ghana has moved beyond depending on the economic returns of traditional commodities like cocoa and timber hence the establishment of industrial parks. In its quest to industrialize the country, government looks forward to establishing true strategic industries to propound Ghana into the future and thus Mr. Kyeremanten mentioned that “we are looking at petroleum chemical industries, integrated aluminum bauxite industry…we are looking at vehicle and automotive industry”.

He urged both domestic and international investors to patronize the park.

By Loveridge Ampratwum Okyere |Connect FM|3news.com

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