The 24-Hour Economy Secretariat has finalised a land access policy and mobilised approximately 600 hectares of land to support priority investments under the programme.
The secretariat has also reaffirmed its commitment to creating a conducive environment for private sector-led investment and economic transformation, highlighting significant progress made under the programme during the Ghanaian-German Economic Association (GABE) Meet the Government Series 2026 in Accra.
Reiterating the programme's implementation model, the Chief Programmes Officer of the 24-Hour Economy Secretariat, Abdul-Nasser Alidu, emphasised that the 24-Hour Economy programme was fundamentally private sector-led, with government creating the enabling environment by developing bankable projects, facilitating access to land, reducing investment risks and mobilising strategic partnerships.
Speaking on the topic: "Exploring Business Opportunities under the 24-Hour Economy Transformative Pillars", the Chief Programmes Officer of the 24-Hour Economy Secretariat, Abdul-Nasser Alidu, said the programme had transitioned from policy development to implementation, with strategic interventions already laying the foundation for sustained industrial growth and job creation.
Mr Alidu disclosed that the secretariat had engaged investors on projects valued at approximately $11.5 billion, out of which $6.5 billion had been secured through committed joint development agreements.
He explained that these investments were expected to accelerate Ghana's industrialisation agenda while creating opportunities for businesses across key sectors.
Transformative projects
Mr Alidu highlighted several transformative projects currently under development, including a 1.5-gigawatt solar power project at Buipe, a pharmaceutical park, the Volta Lake Transport Project and a network of industrial parks.
The Buipe solar project, he said, was expected to significantly reduce industrial electricity costs from about 23 cents to approximately nine cents per kilowatt-hour when its first phase became operational in 2027, improving the competitiveness of Ghanaian industries.
The Chief Programmes Officer also outlined progress on the Volta Economic Corridor, a major initiative spanning 75 districts that seeks to stimulate economic activity beyond Accra through integrated transport infrastructure, agro-industrial parks and manufacturing hubs.
"As a government, our role is not to execute these projects directly but to structure viable investment opportunities that allow private capital to drive Ghana's economic transformation while creating sustainable jobs," he said.
Employment
On employment, Mr Alidu indicated that Ghana's declining unemployment rate reflected growing economic activity, and announced that the secretariat was collaborating with the Ghana Statistical Service to establish a monitoring and evaluation framework that would accurately measure jobs created through the 24-Hour Economy Programme.
Addressing businesses that had registered to participate in the programme, he explained that applicants would be assessed through a structured gateway process and categorised according to their business needs.
Depending on their category, he said, businesses would receive tailored enterprise support, non-fiscal incentives and other interventions designed to facilitate expansion under the 24-Hour Economy Programme.
The series, organised on the theme: "Fostering Economic Growth Through Strategic Engagement", brought together policymakers and the private sector to discuss investment opportunities and government initiatives aimed at promoting business growth in Ghana.
The 24-Hour Economy and Accelerated Export Development Programme is the government's flagship economic transformation initiative, designed to enhance productivity, expand industrial capacity, create sustainable employment and position Ghana as a globally competitive investment destination through continuous production and service delivery.
