The Ghana Free Zones Board (GFZB) has announced that it has signed an agreement with the Moroccan version of the board to help attract car manufacturing company Renault to assemble vehicles in the country.
The move, according to the board is also aimed harnessing the technical competence of the Moroccan Free Zones Board to attract investors.
Speaking at the board’s maiden investment week celebration, the Executive Secretary of the Ghana Free Zones Board, Michael Okyere Baafi was optimistic the move can create thousands of jobs for Ghanaians.
“We have signed an agreement with Tonger Med. It is the Free Zones Board in Morocco to give us technical assistance and also to help us to attract anchor tenants into our enclave. When you go to Tonger Med in Morocco, that is where Renault is located. They employ about 30,000 people,” he noted.
Mr. Baafi stated that the move is strategic to enable attract investors in the automobile industry to make Ghana an assembling point in the sub-region.
Touching on some of the benefits, he observed that thousands of jobs could be created while it improves the country’s foreign earnings.
“The point we are making is that because of these agreement they are supposed to provide us technical assistant and also help us attract anchor tenants into our enclave. We are on course; we are in touch with them,” he assured.
Mr. Baafi stated that the board has decided to embark on an investment road show to urge multinational companies to operate in Ghana.
He disclosed that initial interactions have received favorable responses from multinational companies across the world.
“We are going to pursue the agenda. We are telling them that Ghana is in a strategic position of West Africa to produce and export. The main objective of the GFZB is to promote export of goods produced in the country”
By: Lawrence Segbefia/citibusinessnews.com/Ghana