PCFC And Government Of Ghana Sign MoU To Create Economic Zone And Digital Incubator In Accra

The Ports, Customs and Free Zone Corporation (PCFC) has partnered with the Government of Ghana to create the country's first economic zone and digital incubator in Accra. This initiative aims to transform Ghana into a regional technology leader, drawing investment into West Africa. The agreement was formalised by Sultan Ahmed bin Sulayem, PCFC Chairman, and Samuel Nartey George, Ghana’s Minister for Communication, Digital Technology and Innovation.

Under this agreement, PCFC will manage a 25 square kilometre area in Accra designated for the economic zone. The corporation will spearhead operations to attract global tech companies, encouraging investment and business growth. Additionally, the MoU outlines collaborative efforts to develop digital infrastructure and property within the zone.

Sultan Ahmed bin Sulayem emphasised PCFC's dedication to supporting UAE's international initiatives by sharing Dubai's innovative experiences in economic development. "This initiative underscores our strategic relationships worldwide and reinforces PCFC’s role as a key contributor to Dubai’s knowledge and innovation-based economy. We are focused on launching cutting-edge projects that promote sustainable growth, invest in human capital and advanced technology, to cement Dubai’s status as a global hub for smart technologies and digital transformation."

He also expressed gratitude towards the Government of Ghana for trusting PCFC's expertise and warmly welcoming the initiative. "This smart economic zone, combining innovation, technology, and logistics, will foster commercial growth and strengthen Ghana’s industrial and technological infrastructure."

Samuel Nartey George highlighted that this collaboration will greatly enhance Ghana's economic standing by transforming it into a regional tech hub in Africa. "This initiative aligns with Ghana’s vision for digital transformation and sustainable economic growth. The zone will play a pivotal role in attracting global businesses and talent, positioning Accra as a destination of choice on the international stage."

This project is expected to significantly contribute to both countries' strategic goals by fostering innovation-driven growth. It aims to establish Accra as a prime location for international business ventures while enhancing its technological capabilities.

With inputs from WAM