Yaa-Naa backs Free Zones Authority’s investment drive in north

The Overlord of Dagbon, Yaa-Naa Abukari Mahama, has pledged support for the Investment Week Promotion of the Ghana Free Zones Authority (GFZA). He expressed his readiness to personally work with the GFZA and assured the team of his full support. He made the promise when the Chief Executive Officer (CEO) of GFZA, Michael Okyere Baafi, led a delegation to pay a courtesy call on him at the Gbewaa Palace in Tamale. The Northern Region capital – Tamale – is the host of this year’s Investment Week Promotion. GFZA is of the firm belief that it was necessary to take the whole Free Zones Concept to the Northern Region and to particularly drive local entrepreneurs into the Free Zones sector. The purpose of the visit was to seek the support and blessing of the Yaa-Naa for GFZA’s activities in the region. The Yaa-Naa prayed for the GFZA delegation and called for progress and success in all their endeavours. The Overlord of Dagbon played a perfect host as he received the GFZA delegation with a warm reception. The courtesy call was also a great opportunity to keep Yaa-Naa abreast of the critical functions of the Free Zones Authority and what local entrepreneurs stand to benefit from the authority. In a remark, Mr. Baafi indicated that a critical moment has come for the Free Zones to include indigenous Ghanaian businesses and entrepreneurs. He said that over the years, the Investment Promotion Week has been held in Accra, Takoradi, Kumasi among other regions hence it was well thought out to bring the event this year to Tamale as the gateway to reach more investors and local entrepreneurs up north. He expressed his utmost appreciation to the Yaa-Naa for the warm reception and promised to keep close ties with his royal kingdom. “We have always dealt with foreign investors under previous governments but it was only under the Nana Akufo-Addo-led NPP government that has made it possible for the Free Zones Authority to work with Ghanaian investors and entrepreneurs as well. We have come to Tamale today as part of the 2019 Investment Week Promotion and we are seeking to partner local businesses here in the Northern region to boost employment and economic growth,” he added. The Ghana Free Zone Authority was established on August 31, 1995 by an Act of Parliament–the Free Zones Act, 1995 (Act 504), to enable the establishment of Free Zones in Ghana for the promotion of economic development, to provide for the regulation of activities in the free zones and for related purposes. The Ghana Free Zones programme combines both the enclave and single-factory enterprise schemes, which is designated to provide processing and manufacturing of goods through the establishment of Export Processing Zones (EPZs) and encourage the development of commercial and service activities at sea and airport areas. The Ghana Free Zones CEO was in the company of a delegation from his outfit including the Head of Marketing, Anita Quarshie, Hajia Hanatu Abubakar, Western Region Manager, Kwame Nsiah Asante, Head of Estate and Enclave Development, Mrs. Kristine Lartey, Head of Legal Dr Susan Aga Alo, who is also a Board Member.

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Source: 3news.com|Ghana]]>