President Mahama Outlines Priority Investment Sectors for Singapore Partnership
President John Dramani Mahama has unveiled a comprehensive list of priority sectors and bankable opportunities for Singaporean investors, positioning Ghana as a strategic gateway to West Africa’s 1.4 billion-person market.
Speaking at the Singapore-Ghana Business Dialogue, President Mahama outlined nine key sectors ready for immediate investment.
Manufacturing and Industrial Development:
“The first is under manufacturing and industrial platforms. We have the Greater Accra industrial platform expansion utilities and last mile infrastructure to scale export focused industrial parks at tema and the Dawa industrial area,” Mahama announced.
The President highlighted opportunities for utility services concessions to “Build Own operates warehousing and anchor manufacturing, pharma packaging and consumer goods incentives include benefits from free zones and accelerated capital allowances.”
Healthcare and Pharmaceuticals:
Mahama emphasized Ghana’s pharmaceutical potential, stating: “The third is Ghana pharma and medical supplies initiative. There’s a sterile fill, finish and generics manufacturing cluster in tema, which is co located with cold chain logistics and supported by the Food and Drug authorities strengthen regulatory framework.”
Green Mobility and Automotive:
The automotive sector presents significant opportunities, with Mahama noting: “The fourth is the automotive and E mobility assembly, expansion of local assembly and components manufacturing for busses like commercial vehicles, with a green mobility focus opportunities for smart fleet management, charging infrastructure and fare systems integration, leveraging Singaporean mobility tech expertise.”
Agribusiness Transformation:
In agriculture, the President outlined the “Northern Ghana irrigated agro industrial zone, which is a nucleus outgrower, PPP, across 20,000 hectares of land for rice, maize and soya production powered by solar pumping and precision irrigation.”
He also highlighted cashew processing opportunities: “The second is cashew and tree crops, processing clusters, expansion of cashew share and cocoa value addition in bonu and Ashanti regions.”
Infrastructure and Energy:
On renewable energy, Mahama announced: “The next is renewable energy plus storage, 200 megawatts solar with battery storage in the northern part of the country to stabilize the grid and serve industrial loads, bankable IPP structure with gift co investment and standard PPS.”
Digital Infrastructure:
The President also identified data center opportunities: “The seventh is tier three and four data center near Accra, a 15 to 20 megawatt career neutral facility to anchor cloud, FinTech and enterprise demand opportunities for kepal data centers.”
Mahama concluded by emphasizing Ghana’s readiness: “Our proposition to you today is clear. Ghana offers market access a stable and reform oriented environment and a pipeline of bankable projects in manufacturing, agribusiness and infrastructure ready for investment.”
The President has set an ambitious target of securing at least USD 100 million in new investment pipeline commitments within the next 12 months.
