Shai Hills Industrial Park: A $500m investment to transform Ghana’s economy

A new $500 million industrial park will be developed in Shai Hills. It aims to become a major economic hub in Ghana’s Afienya Industrial Enclave. This initiative plans to attract over 25 companies and create 11,000 sustainable jobs. It will significantly contribute to Ghana’s industrial growth and economic diversification.

**Vision for Growth and Innovation**

The Shai Hills Innovation & Industrial Park will cover 500 acres. It is projected to generate $1.2 billion in annual production value. The park is expected to produce $350 million in exports for local and international markets. This project aligns with the government’s industrialization drive and the 24-Hour Economy initiative. It positions Ghana as a competitive destination for manufacturing and logistics.

Authorities state that the park will drive economic transformation. It will offer modern infrastructure, power plants, and renewable energy sources. Facilities will include administrative offices, commercial support centers, smart city apartments, and recreational zones.

Frank Amoyaw is the CEO of Landmark Security Limited. He praised the initiative for boosting Ghana’s industrialization efforts. He believes it will enhance regional trade and investment opportunities.

**Phased Development and Investment Impact**

The industrial park will be developed in phases for structured rollout:

- **Phase 1:** A $150 million investment attracting 10 major industries.
- **Phase 2:** A $350 million investment bringing in 15 additional companies.

The park will focus on key industries such as:

- Light manufacturing and assembly
- Renewable energy production
- Agro-processing and food production
- Logistics and warehousing
- Security systems and biosecurity technology
- Medical laboratory consumables

**A Sustainable Economic Hub**

Frank Amoyaw emphasized long-term sustainability for this project. It focuses on green energy solutions, smart infrastructure, and job creation for Ghanaians. Traditional authorities and local communities will play crucial roles in development.

The strategic location of the Shai Hills Industrial Park enhances trade capacity. It aims to attract foreign direct investment while reinforcing Ghana’s industrial ambitions.

Government officials call this project a “game-changer.” They believe it can transform Ghana’s industrial landscape, boost economic diversification, and create lasting prosperity for future generations.