Ghana
Sector
Agriculture & Agri-processing
Investment opportunity: Sugar production
Summary: Ghana is seeking to establish sugar processing plants in order to cut down on imported products. There are favourable conditions for large-scale sugarcane cultivation in areas such as Agona Swedru in the central region, Tarkwa in the western region, and parts of the northern savannah Agro-Ecological Zones. Demand for sugar is rising at the rate of 2.3% annually, creating an expanded local and regional market. Pharmaceutical and beverage industries are other potential markets for sugar and its by-products. Other areas with potential include commercial farming of sugar and provision of services such as irrigation, harvesting, consultancy and marketing.
Investment climate: Ghana offers various incentives such as tax holidays, 100% tariff exemption on production equipment, locational incentives, low corporate tax, 100% profit repatriation
and a stable political environment.
For more information about the investment opportunities in Ghana contact the Ghana Investment Promotion Centre.
Key contact:
Edward Ashong-Lartey
Director, Promotions & Public Relations
eashonglartey@gipcghana.com
Tel: +233 302 665125 to 9
