GFZ TO BEGIN KUMASI INDUSTRIAL PARK PROJECT

The Ghana Free Zone Authority (GFZ) has disclosed plans for the establishment of the Kumasi Industrial Park Project.
The authority under the trade ministry “is in the process of acquiring about 3000 acres of land within the Ejisu Traditional Area to be earmarked for the Greater Kumasi Industrial Park.”

Ghana Free Zone Authority together with representatives from the Ministry of Trade and Finance: the Deputy Finance Minister and Member of Parliament for Ejisu, John Kumah visited Asantehene, Otumfuo Osei Tutu II at his palace.
Seeking Otumfuo’s support in the attainment of lands taken by encroachers the Chief Executive Officer, Ambassador Michael Aaron Oquaye Jnr said “the government of Ghana has secured $200 million World Bank facility of which about half that amount is going to be used to develop the Greater Kumasi Industrial City.”

“This development is ready to start as soon as the incumbencies on the land are cleared.”
‘The World Bank would not release fund for any incumbent land and so it is imperative that the Boankra issues are conclusively resolved as soon as possible.
They therefore sought for Otumfuo’s support in undergoing some exercises to get the encroached lands at their disposal.

“The Ministry of Trade and Industry and the Ghana Free Zone Authority have planned to undertake these exercises respectfully seeking your approval and advice: publication, warning encroachers to vacate the land, get a court order to enforce the rules and develop the greater Kumasi Industrial park.”
“This project would help grow Ghana’s economy and create at least 5000 direct jobs and 12,000 indirect jobs”, he said.

Asantehene assured them of his support in the attainment of lands from encroachers and squatters for the commencement of the industrial park project.
 
Source: Opemsuo.com /Monica M. Appiah-Manu