The Association of Ghana Industries (AGI) has signed an agreement with Appolonia City to build an industrial park within the large-scale urban development.
The agreement will see up to 1,000 acres of Appolonia City designated for use by some of Ghana’s leading manufacturing and industrial companies and provide significant employment opportunities for the area.
“Signing this agreement aligns with the government’s drive to establish multi-purpose industrial parks in each of the 10 regions of Ghana.
“We believe Appolonia City is an ideal location and the creation of this park will provide industrial growth, spreading economic activities within Greater Accra and beyond,” said Humphrey Ayim-Darke Akwaboah, Vice President of AGI.
He added that “we would also encourage Government to grant Special Economic Zone (SEZ) status to this project, ensuring an additional level of economic impact to the region.”
Earlier this month, the Accra chapter of the AGI endorsed Appolonia City as the best real estate development in the country, after assessing their facilities during a working visit.
Bright Owusu-Amofah, Appolonia City’s CEO, said, “AGI is recognised as the leading representative of Ghana’s private sector. Our partnership with AGI means that businesses will now have a dedicated base for their operations within a controlled and secure environment. We have the appropriate infrastructure at Appolonia City, and we are able to develop build-to-suit structures for industrial tenants.”
With an expected 88,000 residents on completion and tens of thousands of employment opportunities during construction, Appolonia City is a driving force in the economy of the Kpone-Katamanso district.
In recognition of this, the government of President Akufo-Addo has indicated that road infrastructure to the area will continue to be upgraded as a priority.