Tema ICT Park To Become Technology Hub

The Government of Ghana has entered into a $260 million partnership agreement with the Government of Mauritius to develop the Tema Information and Communications Technology (ICT) Park into an ICT Centre for Ghana and countries in the West African sub-region.

Ghana under the partnership arrangement will provide a 50-acre land at the free zones enclave. The country will also provide utilities and technology infrastructure for the project.

 

The partnership, which is spearheaded by the Ghana Investment Promotion Centre (GIPC), is expected to create about 5,000 jobs for young graduates in ICT.

 The multi-purpose facility, which will comprise technology buildings and business offices, will also serve as offices for ICT companies such as Samsung and Microsoft.

Briefing the media at a joint Media Briefing on the project in Accra, Deputy Minister of Communications, Mr. Edward Ato Sarpong, said the government’s objective was to create the enabling environment for the private sector to flourish in all sectors, including ICT, to create more jobs for the youth.

 He indicated that under the partnership, Ghana would not incur any debt as a result of the project.

 He said the two countries would manage the ICT park for a period of time until Mauritius recouped its investment in the project.

The Chairman of the Board of Investment of Mauritius, Mr. Gérard Sanspeur, said Mauritius had chosen to invest in the project to assist in the training of Ghanaian

entrepreneurs in ICT, adding that the project would provide the opportunity for Mauritian investors to develop interest in investing in Ghana.

 Mr. Sanspeur said Mauritius could encourage investors who wanted to invest in other countries, in addition to Mauritius, to invest in the ICT park.

 That, he said, was in line with the new business climate where investors wanted to invest in two or more countries in a region, instead of concentrating their investment in only one country.

 The Chief Executive Officer of the GIPC, Mrs. Mawuena Trebarh, said the master plan for the project was being finalized to pave the way for the agreement to be signed.