Government of Ghana has envisaged that industrialization will lead to the transformation of the economy and pave the way for the citizens to enjoy the benefits of an industrial economy with quality jobs and higher incomes. This vision needs a radical shift in national thinking and policy direction in the use of natural resource endowments in order to massively increase the pace of quality job creation and income growth that benefit all citizens.
Government can only do this through encouraging the participation of private sector and multinational corporations (MNCs) into the industrial sector. Whiles ensuring the right environment for businesses to thrive. However, over the last decade access to a dedicated and litigation free lands and other infrastructure required for industrial development in Ghana has been a challenge. This situation has discouraged potential investors from venturing into the industrial sector and thereby limiting Ghana’s access to sustainable amount of FDIs needs for job creation, income and poverty reduction.
In order to address this challenge and contribute to the development of Ghana, the government of Ghana through the Ministry of Trade and Industry as part of its transformational agenda seeks to encourage the establishment of at least one ‘large’ park(s) in all the ten regions of Ghana.