Ghana offers greater investment opportunities for the production and marketing of building materials and systems. The construction sector is opened for the introduction of new and appropriate building materials and systems.
Priority Focus in the Sector.
Ghana very much welcomes foreign investment in the entire enterprise of production and supply of building materials with special focus on the under listed areas of production:
- Steel fabrication
- Ceramic production
- Sandcrete and concrete production
- PVC and electrical production
- Windows [aluminum and glass production]
- Paints
- Plumbing Accessories
- Roofing
Advantages of locating in Ghana
The country poses many attractions to the foreign investor interested in the production of building materials, some of which are as follows.
- Comparatively booming building/construction industry in Ghana and West Africa generally;
- Ready availability of raw materials necessary for production;
- Availability of skilled and trainable labour at comparatively low cost;
- 100% Foreign Ownership allowed;
- Availability of factory shells and serviced plots within a Free Zone enclave;
- Strict investment guarantee regime;
A large ECOWAS market of over 250 million people
Recommendation
Besides Ghana’s vibrant domestic market, the country’s increasing openness to foreign trade and investment means that opportunities are increasing for companies within the building industry to venture into the huge sub regional market in West Africa. Ghana remains an excellence choice for Swiss building companies interested in doing business with other countries in the region.