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Africa’s top industrial zone developer backs Ghana’s 24-hour economy with massive investment

 


Africa’s leading integrated industrial zones developer, ARISE IIP has endorsed the government’s 24-hour economy agenda with massive investment support.

The backing came to light when executives of ARISE IIP on Tuesday August 5, 2025 invited government officials for some high-level investment talks in Benin where the company operates the Glo-Djigbé Industrial Zone (GDIZ) – one of the most successful Special Economic Zones in Africa.

The Ghana delegation, was led by Julius Debrah, Chief of Staff, Elizabeth Ofosu-Adjare, Trade, Agribusiness and Industry Minister, Interior Minister, Muntaka Mubarak, Ernest Brogya Genfi, Deputy Defence Minister.

The team also included CEO of GIPC, Simon Nene Madjie, Kyeretwie Opoku of the 24-hour Economy and Accelerated Export Development Secretariat, Managing Director of TDC, Courage Nunekpeku among other officials.

The Ghanaian entourage toured the industrial zone to assess best practices in industrial zone development, infrastructure and value-added manufacturing.

These investment discussions come at a time, Ghana is accelerating plans to establish light industrial parks across strategic locations as part of its industrial transformation agenda for sustainable job creation.

While government is keen to leverage private sector expertise and capital to fast-track the industrialisation drive, the model run by ARISE IIP combines infrastructure delivery with value chain development and market access.

This is a perfect fit for the government’s 24-hour economic vision and one that will unlock large-scale investment into the country.

Ghana has a huge economy and we are ready to partner the country boost its economy. Our industrial zones are already running 24/7 and so we have capacity to help Ghana do this. This is just the beginning of something great that is going to happen in Ghana. We will be putting skills and resources together for Ghana’s economic survival”, Létondji BEHETON, Managing Director of SIPI-Bénin S.A told the government delegation.

ARISE IIP is already operating in five African countries including Benin, Côte d’Ivoire, Gabon and Togo and is developing projects across 21 countries.

It is in advanced discussion with seven other countries including Ghana.

The Glo-Djigbé Zone in Benin alone has attracted over 36 investors and created more than 20,000 jobs, with plans to generate 300,000 jobs by 2030.

It secured $1.4 billion in the first phase of investment while contributing billion of dollars to the economy of Benin.

Key sectors under its industrialisation drive in Benin include garment and textile production, integrated cotton processing, cashew nut and organic soybean processing, packaging and cardboard manufacturing.

In the context of Ghana, the company is seeking to replicate this in the country through joint development of light industrial parks focused on agro-processing and value-added manufacturing to support the 24-hour economy and special economic zones agenda.

With a two-year completion timeline, the partnership is expected to promote and attract industrial investments all in a bid to revamp exports, increase GDP, scale-up the manufacturing output of Ghana’s natural resources and increase the competitiveness of “Made in Ghana” products.

Government believes the partnership with ARISE IIP will focus on agro-processing, garment manufacturing among others which are all critical in driving an inclusive and export-oriented growth.

We are overwhelmed and amazed by what we have seen and we can’t wait to have this in Ghana. We will double up what you have here and make Ghana a true industrial hub in Africa”, Elizabeth Ofosu-Adjare, the Minister responsible for Trade, Agribusiness and Industry remarked.

ARISE IIP is backed by major financial institutions such as Africa Finance Corporation (AFC), the Fund for Export Development in Africa (FEDA) and Equitane.

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