President Mahama to launch Africa’s biggest Freezones industrial Park in Gomoa Central

In what promises to be one of the most significant economic announcements in Ghana’s recent history, a $1.5 billion development project expected to create 60,000 jobs will be officially unveiled on 21st October 2025 at 6pm. The Gomoa Central Special Economic Zone (GCSEZ), spanning 21,000 acres, represents a bold reimagining of sustainable development and positions Gomoa Central as a pioneer in Africa’s economic transformation.

Dignitaries and investors will gather at the Mövenpick Ambassador Hotel Accra, where His Excellency the President of the Republic of Ghana, John Dramani Mahama, together with the Right Honourable Speaker of Parliament Alban Bagbin, the Kwame Asare Obeng, Member of Parliament for Gomoa Central, Mr Goosie Tanoh, Presidential Advisor on the 24-hour economy initiative, Albert Kwabena Dwumfour, President of the Ghana Journalists Association, traditional authorities, and international investors will unveil the project. The project, jointly managed by the Gomoa Central Development Trust and supported by the Ghana Free Zones Authority, marks a decisive step towards realising Ghana’s 24-hour economy vision.

The GCSEZ integrates five interconnected pillars: a 24-hour business district designed to support 10,000 businesses by 2032, an eco-recreational park targeting one million visitors annually by 2030, organic and sustainable farming zones covering 2,100 acres, an integrated eco-industrial hub housing 200 factories, and a renewable energy-powered crypto mining facility generating over $100 million annually.

Perhaps most intriguingly, the zone will operate as a pioneering platform for AfCFTA digital currency trade, with blockchain-based systems designed to facilitate transactions across 54 African countries. The project aims to capture 30% of AfCFTA transactions by 2030, potentially adding $1.5 billion to Ghana’s GDP.

“What we’re building in Gomoa Central isn’t just another industrial park,” according to Kwame Asare Obeng said ahead of the unveiling. “This is a complete ecosystem that proves sustainability and profitability can thrive together. We’re creating a model that Africa has never seen before, one that our children will be proud of and that will inspire similar developments across the continent.”

With years having been dedicated to planning this project, every element has been carefully designed to work together. The renewable energy infrastructure in the region will provide some of the lowest operational costs in the nation. Situated in an geographic area that provides access to multiple ports and direct links to the Lagos-Abidjan Corridor, and the commitment of stakeholders to sustainability proves the project will benefit generations to come.

The Gomoa Central Development Trust has secured long-term industrial leases on fully documented land, eliminating the legal uncertainties that have plagued similar developments elsewhere. Affordable housing for workers is planned within minutes of industrial operations, whilst youth empowerment programmes will train one million coders to support the digital infrastructure.

“This project represents the future we’ve been working towards,” Kwame Asare Obeng stated. “It’s about more than job creation, though we expect to create 60,000 direct and indirect jobs. It’s about showing that Ghana can lead Africa into a new era of green industrialisation, digital innovation, and inclusive prosperity.”

The pre-launch event at the Mövenpick Ambassador Hotel Accra will provide attendees with exclusive insights into investment opportunities, infrastructure plans, and the strategic vision driving this unprecedented development.