Ghana Free Zones Authority Engages Turkish Investors, Eyes Partnership with Tüzun Transformer Group
In a significant move to attract global industrial leaders, the Ghana Free Zones Authority (GFZA) recently hosted a high-level delegation from Türkiye, led by Mehet Tüzun, the Chief Executive Officer of Tüzun Transformer Group. This strategic meeting was aimed at deepening trade and investment relations between the two nations, with discussions centred on leveraging Ghana’s business-friendly environment for mutual growth. The visit provided a critical platform for the GFZA to showcase its framework and for the Turkish investors to explore tangible opportunities for establishing operations in the country. This engagement underscores Ghana’s proactive approach to securing foreign direct investment and building robust international economic partnerships.
Highlighting Ghana’s Strategic Investment Advantages
The core of the discussion involved a detailed presentation by GFZA CEO, Dr. Mary Awusi, who outlined the key pillars of the Ghana Free Zones Scheme. Dr. Awusi explained the program’s objectives, which are designed to promote economic development through exports, and walked the delegation through the streamlined licensing process. She emphasized the attractive package of incentives and benefits available to companies operating under the Free Zones framework, which are crucial for enhancing operational efficiency and profitability. The GFZA management further reinforced its commitment by assuring the Tüzun Group of its unwavering support throughout their consideration and potential setup phases. The Authority also highlighted Ghana’s unique competitive edge, citing its celebrated political stability, consistent economic growth, and pivotal role as the host of the African Continental Free Trade Area (AfCFTA) Secretariat. These elements position Ghana not just as a secure investment destination, but as a strategic gateway to the entire African market.
The Tüzun Transformer Group expressed keen interest in the potential for collaboration, signaling a positive step forward. A successful partnership would not only mark a significant foreign investment win for Ghana but also contribute to the nation’s industrial and technological advancement. For Tüzun Group, establishing a presence in Ghana offers a launchpad into the expansive, integrated African market facilitated by AfCFTA, making this a potentially landmark venture for all parties involved.
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