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Gov’t to Launch 24-Hour Economy Initiative with Round-the-Clock Port Operations

4 months ago
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Gov’t to Launch 24-Hour Economy Initiative with Round-the-Clock Port Operations

Government is poised to declare the ports of Tema and Takoradi as 24-hour operational zones as part of a broader national strategy to stimulate economic activity through continuous production and trade. The announcement comes ahead of the official rollout of the country’s 24-hour economy policy, slated for July 1, 2025.

President John Dramani Mahama unveiled the initiative during his address at the Ghana Horticulture Expo in Accra on Wednesday, describing the policy as a “game-changing strategy” aimed at unlocking Ghana’s economic potential, particularly in export-oriented sectors.

“We are also implementing a game-changing strategy, which is the 24-hour economy, to unlock Ghana’s production potential across all sectors,” said President Mahama. “From July 1, the 24-hour Economy policy will be ready to go into operation.”

The policy seeks to enhance productivity and increase revenue by enabling continuous operations across key sectors of the economy, including agribusiness, logistics, and manufacturing. Notably, it is expected to benefit the horticultural sector by facilitating the timely export of perishable goods such as pineapples, vegetables, and herbs.

“This policy will provide the framework for continued production, processing, and logistics in horticulture,” the President said. “It allows perishable goods to move swiftly from the field to international shelves, thereby minimising losses and maximising value.”

As part of the implementation plan, the Ministry of Trade, Industry, and Agri-business, together with the Ministry of Transport, is coordinating with key agencies—including the Ghana Revenue Authority, the Ghana Ports and Harbours Authority, and the Ghana Shippers’ Council—to operationalise round-the-clock services at the country’s two main ports.

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The 24-hour economy policy marks a significant shift in Ghana’s economic model, aiming to improve export competitiveness, reduce turnaround times, and boost investor confidence by aligning with international trade standards.

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