Ghana offers an ideal environment for investments and all sectors of the economy are open to foreign investment. 100% foreign ownership is permitted. The following are some of the investment opportunities in Ghana:
- Resource-based activities in agric business
- Agro Processing [fish, fruits, vegetables, food crops and wood products, etc.]
- Mineral Processing [gold, diamond, salt, etc.]
- Manufacturing
- Tourism
- Real Estate Development
- Information and Communication Technology
- Agricultural and Industrial Estate, Roads and Highways, Railways and Ports [air, sea and lake transport} Mass Transportation; bus, rail systems etc.,
- Health Services Delivery
- Energy
- Development, Management and Operation of Export Processing zone
The following are reasons why Ghana is deemed as the obvious choice for the foreign investor in Africa:
- A stable political environment within the West African sub-region and the establishment of democratic institutions and systems to ensure good governance;
- Abundant, adaptable and easily trainable labour force;
- A daily minimum wage of around US$1.00;
- No restrictions on issuing of work and residence permits for free zones investors and employees;
- Duty-free access for manufactured exports to USA [AGOA] and EU [ACP-EU} markets;
- Excellent sea and air connections, with daily flights to Europe and USA;
- Strategic and central location within West Africa provides access to a total market of 250 million people;
- A comparatively well developed infrastructure, i.e. internal road network, electricity and water supplies, internal and external telecommunications as well as sea and airport facilities;
- Availability of factory building and serviced plots at the Tama Export Processing zone;
- An existing industrial base ranging from heavy engineering to precision industries, electronics, agro-processing, plastics and metal work, clothing and textiles, jewellery and wood processing;
- Availability of stock exchange and other bank and non-banking financial institutions such as Exim-Guaranty Company Limited, Venture Fund Management Company, Ghana Leasing Company, Export Development and Investment Fund, etc.;
- A dynamic private sector willing to collaborate with foreign partners; and
- A high degree of hospitality and personal safety.