Dubai’s Ports, Customs and Free Zone Corporation (PCFC) and the Government of Ghana have entered into a landmark Memorandum of Understanding (MoU) to create Ghana’s first economic zone and digital incubator in Accra. This initiative aims to accelerate the country’s transformation into a regional technology powerhouse, attracting investment into West Africa.
The MoU was signed by H.E. Sultan Ahmed bin Sulayem, chairman of PCFC, and Hon. Samuel Nartey George, Ghana’s minister for Communication, Digital Technology, and Innovation.
Under the agreement, a 25 square kilometer area in Accra will be designated for PCFC to develop the economic zone. PCFC will oversee the zone’s operations and attract global technology firms, facilitating investment and business expansion. The MoU also encompasses joint efforts to establish digital infrastructure and property development within the zone.
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Advanced digital infrastructure for business growth
H.E. Sultan Ahmed bin Sulayem emphasized PCFC’s commitment to supporting the UAE’s global outreach and sharing Dubai’s pioneering experience in innovation and economic development. “This initiative underscores our strategic relationships worldwide and reinforces PCFC’s role as a key contributor to Dubai’s knowledge and innovation-based economy. We are focused on launching cutting-edge projects that promote sustainable growth, invest in human capital and advanced technology, to cement Dubai’s status as a global hub for smart technologies and digital transformation.”
He also expressed gratitude for the Government of Ghana’s trust in PCFC’s expertise and its warm reception of the initiative. “This smart economic zone, combining innovation, technology, and logistics, will foster commercial growth and strengthen Ghana’s industrial and technological infrastructure.”
Hon. Samuel Nartey George remarked that the partnership will significantly enhance Ghana’s economic position, transforming it into a regional technology hub in Africa. “This initiative aligns with Ghana’s vision for digital transformation and sustainable economic growth. The zone will play a pivotal role in attracting global businesses and talent, positioning Accra as a destination of choice on the international stage.”
PCFC will further implement and manage the advanced digital infrastructure in the zone to support the growth of local and regional businesses across Africa. The project will provide a robust platform for innovation and investment opportunities that empower both global and local expansion.
Dedicated teams from both countries, specializing in AI and investment, will oversee the zone, fostering innovation, business growth, and regional connectivity. The collaboration aims to empower local communities, traders, and investors, driving inclusive and sustainable economic progress across the continent.
Moreover, this partnership marks a significant milestone in fostering international collaborations that advance technology and economic development, positioning Ghana at the forefront of Africa’s digital future.
