President Mahama to Launch $1.5bn Special Economic Zone, Expected to Create 60,000 Jobs
President John Dramani Mahama will on October 21, 2025, officially launch the Gomoa Central Special Economic Zone (GCSEZ) — a $1.5 billion integrated development project expected to create over 60,000 direct and indirect jobs.
Spanning 21,000 acres, the project represents one of Ghana’s largest private-public industrial investments and is designed to transform Gomoa Central into a model for sustainable, technology-driven growth across Africa.
The launch event in Accra will bring together key dignitaries, including Speaker of Parliament, Rt. Hon. Alban Bagbin, Presidential Advisor on the 24-hour Economy Initiative, Mr Goosie Tanoh, GJA President, Albert Kwabena Dwumfour, and international investors. The initiative is jointly managed by the Gomoa Central Development Trust in collaboration with the Ghana Free Zones Authority (GFZA).
“This is not just another industrial park,” said Hon. Kwame Asare Obeng, Member of Parliament for Gomoa Central and convener of the project. “We’re building a complete ecosystem that proves sustainability and profitability can thrive together. We’re creating a model that Africa has never seen before — one that future generations will be proud of.”
Integrated Economic and Environmental Framework
The GCSEZ is anchored on five interconnected pillars — a 24-hour business district to support 10,000 enterprises by 2032, an eco-recreational park projected to attract one million visitors annually by 2030, organic agricultural zones covering 2,100 acres, an eco-industrial hub hosting 200 factories, and a renewable energy-powered crypto mining facility estimated to generate over $100 million annually.
Perhaps most notably, the zone will pioneer AfCFTA digital currency trade, integrating blockchain systems to enable seamless transactions across 54 African countries. The project aims to capture 30% of AfCFTA transactions by 2030, potentially contributing $1.5 billion to Ghana’s GDP.
“Our renewable energy infrastructure will ensure some of the lowest operational costs in the region,” Mr Obeng added. “The zone’s proximity to multiple ports and the Lagos-Abidjan Corridor positions it as a logistics and trade powerhouse.”
Sustainability, Skills and Long-Term Vision
According to the Gomoa Central Development Trust, land for the project has been fully documented with long-term industrial leases, addressing legal uncertainties that have hindered similar ventures in the past. The project also includes affordable housing units for workers and a youth empowerment initiative aimed at training one million coders to support the zone’s digital infrastructure.
“This project represents the future we’ve been working towards,” Mr Obeng emphasised. “It’s about showing that Ghana can lead Africa into a new era of green industrialisation, digital innovation, and inclusive prosperity.”
The pre-launch investment forum will provide prospective investors with detailed briefings on the project’s infrastructure, financing models, and long-term strategic framework, aligning with Ghana’s broader 24-hour economy agenda.
