The Ghana Free Zones Authority (GFZA) has commenced the Ghana Entrepreneurs for Export Roadshow.
The initiative forms part of the GFZA’s drive to consolidate and grow local interest and participation in the Free Zones Scheme and also to encourage businesses to take advantage of the Africa Continental Free Trade Area (AfCFTA).
It is also to enable management of the GFZA personalize its interaction with potential investors, associations and business groupings.
The Chief Executive Officer of the GFZA, Ambassador Mike Oquaye Jnr, in an interaction with the President and Members of the East Legon Executive Business and fitness Club highlighted the need for Ghanaian investors and entrepreneurs such as members of the East Legon Executive club to take advantage of the scheme, in line with the Authority’s vision to assist Ghanaian businesses to “Achieve More exports, Beyond the Horizon – into Africa and the Rest of the World”
Amb. Oquaye informed the group that contrary to the perception that the Free Zones Scheme is an area fully dominated by foreign companies, available figures show; 31% of businesses are wholly owned by Ghanaians, 33% jointly owned by Ghanaian and foreign interest, and 36% wholly foreign owned.
“More Ghanaians must get on board to create more wealth and jobs locally, in line with the vision of Ghana Beyond Aid – as espoused by President Akufo-Addo” he said.
Members of the club asked questions that touched on, how to secure a license, challenges with exports to West Africa, the need for government to support businesses to penetrate other countries among others.