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Mahama to Launch Africa’s Biggest Free Zones Industrial Park Next Tuesday

Ghana’s $1.5bn Gomoa Central Special Economic Zone, launching October 21, aims to create 60,000 jobs, boost exports, drive industrialisation, and enhance competitiveness within AfCFTA markets

Mahama to Launch Africa’s Biggest Free Zones Industrial Park in Gomoa Central
Solomon Boakye
Oct 18, 2025

President John Dramani Mahama will on October 21, 2025, officially launch Africa’s biggest Free Zones Industrial Park, the $1.5 billion Gomoa Central Special Economic Zone (GCSEZ). The project marks a major milestone in Ghana’s push for large-scale industrialisation and regional trade integration, positioning Gomoa Central as a hub for manufacturing, agro-processing, logistics, and exports.

Spanning 21,000 acres in the Gomoa Central District of the Central Region, the project is expected to create more than 60,000 jobs, attract billions in private investment, and transform Gomoa into a hub for manufacturing, agro-processing, logistics, and export services. 

The initiative is backed by the Ghana Free Zones Authority and the AfCFTA Secretariat, and forms part of government’s 24-Hour Economy agenda, which seeks to extend productivity beyond the traditional workday.

The Gomoa Industrial Park is designed to anchor Ghana’s shift from an import-dependent economy to a production- and export-oriented one. By clustering industries and providing reliable infrastructure such as roads, utilities, warehousing, and digital connectivity, the park aims to lower operational costs and encourage value addition across agriculture, manufacturing, and services. 

At full capacity, it is projected to generate billions in export earnings, support local suppliers, and drive inclusive growth across the Central Region and beyond. The project also aligns with the AfCFTA, offering manufacturers access to a market of over 1.3 billion people across Africa.

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Kwame Asare Obeng, Gomoa Central MP, said: “This is a complete ecosystem where sustainability and profitability thrive together.” He emphasized that the project’s renewable energy infrastructure would ensure some of the lowest operational costs in the region, while the location provides access to multiple ports and the Lagos-Abidjan Corridor.

For all its promise, the success of the Gomoa project will depend heavily on Ghana’s cost structure and business climate. Interest rates remain high, with many manufacturers facing credit rates exceeding 25 percent, while electricity and water tariffs continue to rise and energy reliability fluctuates. 

These factors have constrained Ghana’s industrial competitiveness regionally and globally, and without urgent adjustments, the full benefits of flagship projects like the Gomoa Industrial Park could be limited.

Experts note that unlocking true industrial growth requires a focus on cost competitiveness. Lowering borrowing costs, stabilizing utility tariffs, improving logistics efficiency, and streamlining taxes and regulatory bottlenecks are all critical to making Ghana an attractive investment destination within the AfCFTA framework.

The pre-launch event at the Mövenpick Ambassador Hotel Accra will offer investors and stakeholders exclusive insights into the infrastructure plans, investment opportunities, and strategic vision behind this unprecedented development. 

The launch of the Gomoa Central Special Economic Zone represents more than an infrastructural milestone, it is a step toward sustainable, inclusive industrialisation that could position Ghana as a manufacturing leader in Africa.

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