Mahama outlines 10 major projects for Singapore investors in Ghana
President John Dramani Mahama on Thursday, August 28, 2025, addressed the Ghana–Singapore Business Dialogue, the final engagement of his state visit to Singapore.
He described Singapore as “a beacon of excellence in transforming strategic infrastructure into national competitiveness” and invited investors to partner Ghana in accelerating infrastructure for economic transformation.
Mr Mahama said Ghana was positioned as a regional hub under the African Continental Free Trade Area (AfCFTA). “We’re a regional hub, and Accra hosts the African Continental Free Trade Area Secretariat, and is developing the logistics, standards, and data infrastructure to serve a market of about 1.4 billion people with over USD 3.4 trillion gross domestic product. Therefore, using Ghana as a hub, you can efficiently and competitively reach an ECOWAS market of over 400 million people in a shorter time frame,” he said.
He also announced reforms in macroeconomic stability, fiscal discipline, and investment facilitation, adding that he had directed the Attorney General and the Minister of Finance to present two bills to Parliament: the revised GIPC Bill and a bill to establish the 24-hour economy authority.
The 10 projects Mr Mahama listed for investors
Manufacturing and industrial platforms
“We have the Greater Accra Industrial Platform expansion, utilities, and last-mile infrastructure to scale export-focused industrial parks at Tema and the Dawa Industrial Area.”
Utility services concession
“Opportunity for a utility services concession to build, own, operate warehousing and anchor manufacturing, pharma, packaging, and consumer goods. Incentives include benefits from free zones and accelerated capital allowances.”
Ghana Pharma and Medical Supplies Initiative
“There’s a sterile, fill-finish, and generic manufacturing cluster in Tema, which is co-located with cold-chain logistics and supported by the Food and Drug Authority’s strengthened regulatory framework.”
Automotive and e-mobility assembly
“Expansion of local assembly and components manufacturing for buses like commercial vehicles with a green mobility focus. Opportunities for smart fleet management, charging infrastructure and fare systems integration, leveraging Singaporean mobility tech expertise.”
Northern Ghana Irrigated Agro-Industrial Zone
“A nucleus outgrower PPP across 20,000 hectares of land for rice, maize, and soya production, powered by solar pumping and precision irrigation. Components include on-farm infrastructure, storage, and milling with a guaranteed offtake. Blended finance available through Ghana Infrastructure Investment Fund, Afrexim Bank, with built-in climate-smart practices.”
Cashew and tree crops processing clusters
“Expansion of cashew, shea, and cocoa value addition in Bono and Ashanti regions. Deshelling, butter, liquor, and other specialty products. Strategic partnerships with established traders and processors combined with access to AfCFTA rules of origin open up opportunities to tap into regional demand.”
Perishable cold chains and cargo hubs
“Perishable cold chains and cargo hubs in Tamale, Kumasi, Accra. Temperature-controlled logistics pack houses and perishable cargo village linked to airport upgrades and ideal play for Singaporean logistics operators and Changi-linked expertise.”
Accra Urban Mobility BRT and eBus PPPs
“Which is about a USD 150 to USD 180 million investment. Dedicated corridors, 200 eBuses, depots, and smart ticketing. Performance-based PPPs with availability payments and carbon credits upside.”
Power distribution efficiency and smart metering
“A results-based concession to cut technical and commercial losses of our state’s utility, electricity utility. Roll out advanced metering infrastructure and strengthen feeders. Backed by a tariff adjustment mechanism and partial risk guarantees.”
Renewable energy plus storage
“200 megawatts solar with battery storage in the northern part of the country to stabilise the grid and serve industrial loads. Bankable IPP structure with green co-investment and standard PPAs.”
Beyond the 10 projects
Mr Mahama said other opportunities existed in port expansion, shipbuilding, data centres, waste treatment plants, a new international convention centre, and value addition in critical minerals such as gold, lithium, manganese, and bauxite.
He assured investors of stability and legal protections. “Investment protection with legal recourse, arbitration options, and commitment to honouring contracts underpinned by our resetting Ghana agenda. Additional guarantees against expropriation are contained in our laws. There are no restrictions on capital and profits repatriation in Ghana.”
He also stressed local content and youth opportunities. “Each industrial platform and infrastructure project is designed with local content development and technical training to create jobs, especially for young people and women… And in all these, we will nurture Ghanaian suppliers, especially our young, innovative, and digitally inclined youth to plug into your value chains, raising quality and competitiveness.”
Mr Mahama ended with a call to urgency. “Accelerating Ghana’s infrastructure is not only possible, it is bankable, it is investable, and it is urgent. I therefore invite you to co-create this chapter with us. Let us begin today with concrete commitments and meet again in Accra within one year to celebrate the deals that we have developed together from this dialogue.”
