Appolonia City Develops Business Park

Alan Kyerematen – Minister of Trade and Industry

Managers of the fast-developing Appolonia City real estate enclave are developing the Appolonia Business Park to support government’s industrial park and economic zone regime.

The industrial parks are part of government’s plan to create jobs and anchor its industrialization drive.

About 10 of these are expected to be set up across the country.

Each of the 10 regions would be provided with key facilities and flexible land schemes to facilitate the establishment of various industries.

During a recent tour of the Appolonia City enclave and the designated acres of land earmarked for the industrial park project, Business Development Manager, Kwabena Owusu-Adjei, said substantial investments have been made to make Appolonia City the choice of Ghana in the Greater Accra Region.

He said although currently 250 acres of land has been targeted, the acres could be increased substantially when the need arises.

He told representatives from the Ministry of Trades and Industry and some selected journalists during the tour that the Appolonia Business Park would be an industrial park for light industry.

Mr. Owusu-Adjei noted that investments in power plants, water facilities and road infrastructure make Appolonia City a viable choice for the proposed industrial park.

“Hopefully that will then inform their [Trade Ministry] decision on how to approach the planned special economic zone and industrial park regime that the government has been discussing,” Kwabena Owusu-Adjei added.

Already, Appolonia has made significant strides to develop the Appolonia Business Park.

In March, this year, the Association of Ghana Industries (AGI) signed a partnership agreement with Appolonia City to construct an industrial park within the 2,325-acre urban development.

The agreement is expected to include the usage of about 1,000 acres of Appolonia City which is to be made available for some of the country’s topmost industrial and manufacturing companies and in turn provide major employment opportunities for the area.

On her part, Sheila Kangberee, who led the team from the Trade Ministry’s Industrial Parks and Special Economic Zone project to Appolonia City, said the commitment by the real estate developers towards the Appolonia Business Park was commendable.

“Having visited various potential sites in the Greater Accra Region for consideration as the region’s site for the industrial park project, I am convinced Appolonia City stands a better chance for selection,” she added.

A business desk report

 

 

 

 

 

 

 

 

 

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