The Free Zones Authority acquires land for industrial parks



[ad_1]

The Ghana Free Trade Zone Authority (GFZA) acquires land banks across the country to develop industrial parks.

According to Mr. Kwame Nsiah Asante, head of the GFZA's estate and enclave, the goal was to obtain lands free of litigation in order to attract investors for the establishment of 39, factories in these areas.


Useful links Ghana Politics | Ghana celebrity news | News in Ghana

Asante told him at a capacity-building workshop organized by GFZA for members of the Parliamentary Press Corps (PPC) in Accra last Monday.

Held on the theme: "The parliamentary reporter is an effective link between Parliament and the public", the workshop was intended to expose journalists to the mandate and activities of GFZA to improve their reporting on businesses in the enclave free.

Acquisitions

Ghana News Titles

For news from Ghana, visit the Graphic Online titles page
Ghana news headlines.

Describing in detail the acquisitions made so far, Mr. Asante told the Daily Graphic, at the end of the workshop, include Bomfa in the Ashanti region, 1,000 acres; Obomeng in the eastern region, 200 acres; Sekondi in the western region, 2600 acres; Yabiw near Shama in the western region, 3,200 acres and Boankra in the Ashanti region, 1,099 acres.

"We are currently discussing with some leaders of the three northern regions to acquire land for industrial parks to facilitate investment in these areas," he added.

He mentioned land tenure in the country as a major problem against investments.

Compensation

Asante told reporters that GFZA was willing to pay for the land and compensate the land chiefs and occupiers on the basis of badessments by the Land Assessment Board.


The Free Zones Authority acquires land for industrial parks

He said Ghana has many resources, but land disputes have discouraged investors from engaging in land acquisitions.

Mr. Asante said that the authority would work with the Land Commission for the acquisition and processing of land documents and called on chiefs to easily sell their lands to GFZA for the development of industrial parks.

Operations in free zones

In a presentation, Ms. Christine Lartey, head of GFZA's legal affairs department, said that the free zone enclave was operating outside customs jurisdiction.

Therefore, she added, the companies were exempt from all taxes, duties and fees, adding that they had to export at least 70% of their products to international markets.

Ms. Lartey stated that GFZA's functions were regulatory, facilitative and promotional.

Development journalism

In his keynote address, Mr. Joseph Osei-Owusu, First Deputy Speaker of Parliament, urged journalists to study the mandate of state institutions to guide their reporting.

He again asked media professionals to be specific in their reporting.

Mr. Osei-Owusu reminded reporters of the need to let their prejudices be in favor of Ghana in all cases, except with regard to human rights, noting that a good reporting would attract more and more people. Investments in the country.

Alhaji Inusah Abdulai Fuseini, a member of the Committee on Trade and Industry and a member of the Trade and Industry Committee of the National Democratic Congress (NDC), stressed the need for Parliament and the media to Be effective in the performance of their respective duties. deepen the democratic dispensation of the country.

Ms. Kate Addo, Acting Director of Public Affairs of Parliament, urged media outlets to badign experienced journalists to cover the Parliament and to avoid the frequent removal of journalists.

The senior parliamentary press, Nana Agyeman Birikorang, urged the GFZA to focus on paperless transactions and emphasized the need for the authority to be able to operate more effectively.

[ad_2]
Source link