Natl Tymes News Desk
GHANA is rolling out major agro-industrial projects to support its vision of a 24-hour economy, where farms, factories, and export markets operate smoothly around the clock.
The government says the new projects are designed to link agricultural production to processing centres and international markets more efficiently than ever before.
This will be achieved through improved infrastructure such as irrigated farmlands, upgraded rail lines, Volta Lake transport systems, and the Tamale Cargo Hub. These facilities are expected to make it easier and faster to move goods across the country at any time of day.
To attract private investment, the government has also put in place measures to reduce risks for investors. These include creating Special Purpose Vehicles (SPVs) to manage projects, providing secured land access through the Project Lands Access Mechanism (PLAM), and offering blended financing options. Reliable utilities will also be ensured so factories and related facilities can run without interruption.
Officials say the bigger goal is to create an economy where farmers can consistently sell their produce, factories can operate through the night, and export volumes can increase. This, they explain, will support job creation and strengthen Ghana’s competitiveness on the global market.
The update forms part of the #24HourEconomy Breakdown Series, which highlights how Ghana’s 24-hour economic strategy will work and how both local and foreign investors can take part in the transformation.
Source: Nationaltymes.com
