By Iddi Yire
Tema, June 30, GNA – President John Dramani Mahama on Tuesday broke grounds for the beginning of construction works on the 120 hectares Tema Integrated Industrial Park (TIIP) at the industrial enclave of Tema.
The project is a public-private partnership joint venture involving the Ghana Integrated Aluminum Development Corporation (GIADEC), TDC Ghana Ltd, and Arise Integrated Industrial Platforms.
President Mahama said the project marks the beginning of a new chapter in Ghana’s economic transformation and reaffirms their determination to build an economy that produces more, exports more, creates more jobs and delivers shared prosperity.
He said TIIP represents the practical implementation of their vision to transform Ghana from a predominantly raw material-exporting economy into a competitive industrial nation.
He noted that it was a vision of a country that creates value, manufactures quality products and serves markets across Africa and the world.
He said when Ghanaians entrusted them with the responsibility of governing the nation, they pledged not only to restore economic stability but also to fundamentally restructure the economy.
“We committed ourselves to building an economy driven by production rather than consumption, exports rather than imports, and value addition rather than the export of raw materials,” the President said.
“That commitment remains a guiding principle of this administration. It forms the foundation of our 24-Hour Economy and Accelerated Export Development Programme.”
The President said these initiatives were designed to unlock Ghana’s productive potential by expanding industrial capacity, increasing exports, creating sustainable employment and positioning Ghana as West Africa’s preferred destination for manufacturing and logistics.
He added that the TIIP was one of the flagship projects through which this vision would be realised.
“This is not merely an investment in land, factories and infrastructure. It is an investment in Ghanaian enterprise, Ghanaian ingenuity and Ghana’s future,” he said.
He added: “It also represents an opportunity to reclaim Tema’s historic purpose as Ghana’s industrial hub.
“It is fitting that this project is located in Tema, a city conceived by our founding President, Osagyefo Dr. Kwame Nkrumah, as the industrial heartbeat of Ghana.
President Mahama said Tema was designed as a city where manufacturing, maritime trade, energy and infrastructure would converge to drive national development.
He said the Port of Tema, the industrial enclave, VALCO, the motorway and other supporting infrastructure were all created to serve this vision.
He said industrial parks such as TIIP would operate within the framework of the 24-Hour Economy, serving as centres of continuous production and export activity.
He reiterated that they would stimulate investment, encourage technology transfer, strengthen local supply chains and create thousands of jobs for Ghanaian youth.
He said TIIP spans approximately 120 hectares within the heavy industrial area of Tema and is strategically located adjacent to VALCO.
He said it had been deliberately designed as a world-class industrial ecosystem supporting manufacturing, aluminum processing, warehousing, logistics and export-oriented production.
Mr Munish Gupta, Cluster Head, Arise Integrated Industrial Platforms, reiterated the Company’s commitment towards the execution of the TIIP project.
Mrs Elizabeth Ofosu-Adjare, the Minister of Trade, Industry and Agribusiness, announced that the Cabinet had approved four sector manufacturing policies that would anchor investment in TIIP and across Ghana’s industrial landscape.
These include the Ghana Textiles and Garments Manufacturing Policy; and the Ghana Pharmaceutical Manufacturing Policy.
The rest are the Automotive Components Manufacturing Policy; and the National Agribusiness Policy (2026-2036).
She said that these policies define Ghana’s investment proposition across four sectors where import dependence was high and local production capacity was growing.
She added that that they give investors the regulatory clarity, sector roadmaps, and fiscal frameworks they need to make _ long-term commitments.
GNA
Edited by Benjamin Mensah