Finance

China Proposes Special Economic Zones for Ghana to Deepen Investment and Industrial Ties

China is advancing a proposal to establish Special Economic Zones dedicated to Chinese companies operating in Ghana, a move that could significantly reshape the landscape of Sino-Ghanaian economic engagement. The initiative signals Beijing’s intent to scale its investment in West Africa by...

The High Street Journal

published: May 25, 2025

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is advancing a proposal to establish Special Economic Zones (SEZs) dedicated to Chinese companies operating in Ghana, a move that could significantly reshape the landscape of Sino-Ghanaian economic engagement. The initiative signals Beijing’s intent to scale its investment in by anchoring industrial capacity, creating local , and strengthening integration through targeted economic enclaves.

The proposal was tabled during a high-level meeting in Accra between Chinese Ambassador to Ghana, H.E. Tong Defa, and the CEO of the Ghana Investment Promotion Centre (GIPC), Simon Madjie. While specific implementation details remain under discussion, the concept draws directly from China’s domestic playbook.

For Ghana, the timing of the proposal is strategic. The country is actively pursuing an industrial-led model under its broader economic transformation agenda, seeking to move beyond raw material by attracting higher-value and logistics operations. The creation of SEZs tailored for Chinese firms could offer a focused channel for investment into critical sectors such as textiles, electronics, agro-processing, and renewable energy.

Chinese firms are already embedded in Ghana’s economy through infrastructure, , and energy projects. SEZs would formalise and concentrate that engagement, offering investors streamlined regulatory regimes, dedicated infrastructure, and potential incentives, while aligning with Ghana’s objectives under the African Continental Free Trade Area (AfCFTA).

From an investment policy perspective, the move could enhance Ghana’s appeal as a production and export base within West Africa. It would also provide China with a platform to deepen its economic influence across the subregion, while mitigating global supply chain risks through geographic diversification.

GIPC has consistently positioned Ghana as a gateway for investment in West Africa and has identified China as a key source of , particularly in sectors requiring capital-intensive infrastructure. The centre continues to court long-term investment by improving regulatory clarity, expanding public-private collaboration, and promoting industrial zones capable of absorbing large-scale manufacturing.

If implemented, SEZs could accelerate Ghana’s structural transformation goals by expanding employment, deepening value chains, and increasing technology transfer. It also presents an opportunity for Chinese companies to localise operations and respond more competitively to regional demand.

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