Ghana Fund
- Home
- Aerospace and Aviation Resort
- Agriculture
- Air Viator
- Amusement Park
- Co-Operative Comprehensive Hospitals
- Film, Music and Dance
- Food Depository
- Transit Trade Centre
- Gold Depository
- Industrial City Development
- Manufacturing Industries
- Railway Rolling Stock and Infrastructure
- Shipyard and Marine Resort
The Fund
Ghana Fund is an economic value driver that not only focuses on
macro-economic gains, but also, creates wholistic micro-economic benefits to reduce poverty. Ghana enjoys a unique position
as a location of peace, cultural tolerance,
hospitality and abundant industrial and economic resources,
and is the best choice for business on the African continent.
Ghana Fund will lead Ghana’s aerospace industry with the establishment of aircraft manufacturing plants in Ghana. Ghana’s aerospace industry is rolling with light STOL aircrafts which are the type of aircrafts required for the Ghanaian Airlines Air-Viator service.
The facility will manufacture, in-house, piston and turbo prop engines along with light-weight fuselage for its aircrafts to eventually guarantee the timeous delivery of small and regional aircrafts for the operations of the Ghanaian Airlines Air-Viator aimed at serving 85 percent plus of the population in Ghana.
Kpassa will be home for the manufacture of power-plants, fuselage, and general manufacturing services for aircrafts ranging from 4-seat light aircrafts, regional aircrafts to medium range aircrafts. Along with the manufacturing facility, an aircraft grave-yard with parts recovery and recycling plants shall be established at Natog. The facility will also acquire supplies from other aircraft grave-yards for processing at the recycling centre.
An accompanying Aviation Resort together with an aviation university will be developed at Kpassa.
Overview
The development of the agricultural sector will be in four sectors as follows:
- Urban Agriculture: Within the development of the industrial city, 30 percent (approximately, 2,400 hectares) of the total land will be reserved for coffee plantation inter-planted with ornamental shady trees. Where appropriate, bamboos will be planted along selected open rivers/streams to provide additional forest cover in a short time.
- Arboriculture: Flowers and ornamental plants will be planted along streets for the purpose of beautification and harvest for sale.
- Urban Greenhouses: Greenhouse projects within the industrial estates setting will be limited to the cultivation of lettuce, cabbage, onion, okro, carrots, curli flower and tomato.
- Agricultural Estates: This sector will produce livestock, food and cash crops.
Key Features
- Green city
- Roof-top parks
- Utilisation of open spaces for commercial farming
Overview
The Ghanaian Airlines Air-Viator is a Members Only service. Both domestic and international services will be provided to the membership. Ghanaian Airlines is designed to be cheapest per seat per kilometre airline, and will maximise it reach by extending services beyond certified airports to private aerodromes and bush airstrips nationwide.
The airlines' emphasis is on creating an indelible aviation footprint in Ghana, as the first step, and across West and Central Africa. Connecting cities, towns and villages by air transport in Ghana will substantially provide alternatives for the reduction of aviation related taxes and subsequently lower the average cost of air travel.
Services
- “Members Only” Cross-Country Travel. The strictly “Members Only” service, which will exclude relatives and friends who are not members of the Federated Co-Operative Multi-Purpose Society, will provide members with cross-country services christened “Air-Viator” meaning “Air-Traveller” from the Latin word “Viator” (Traveller).
- Flight Reviews. Provide the opportunity for members who are pilots to fly with an instructor, at least, once every two years for fresh flight reviews, and also, give pilots access to aircrafts to take to the skies monthly to keep up with their flying skills.
- Flight Training. Provide training for student, sports and private pilot licenses.
- Aircraft Assembly Training. Provide facilities for training in the assembly of Light Sports STOL Airplanes from kits.
Overview
The Amusement Park project will compete with other world-class amusement parks, and will serve multiple purposes in the industry. It is a huge project with public entertainment areas covering land surface area in excess of 2,500 hectares providing theme parks, amusement facilities, and the more specific facilities for the film production industry.
Key Features
- 2,500 hectares development area
- Incredible caved theme park
- Horror House
- A roller coaster of more than 150 metres high.
- Combination of Pop Culture, Historical, Water Park, Zoological, Eco and Golf parks.
- Development capacity of 200,000 visitors per week-end day
The International Comprehensive Hospital, also referred to as the Co-Operative Hospital is a dedicated hospital to provide both general and specialist medical services with emphasis on promoting exceptional international medical tourism.
Ownership of the facility will be a subject of co-operative principles. All employees at the facility are, ipso facto, owners/shareholders. That simply implies that in addition to their regular wages, each one of them is entitled to dividends pro-rata to the annual wage.
Besides the central hospital facility, various community hospitals will be built to compliment the central hospital.
This principle will not preclude non-workers of the facility from investing or holding shares so long as it is within the purpose of the ownership scheme.
Key Features
◆ All specialist medical services provided
◆ 200,000-bed hospital
◆ Old people’s home
◆ Fitness Centre
◆ Hospital Guest House
◆ Patient’s Guest Hotel
◆ Medical Research Centre
The food depot will store various food types in either raw state or processed for longer shelf life.
The depot capacity will be calculated and designed relative to each type of food and capacity building for the medium- and long-term storage. Food stuffs that are prone to getting rotten in a short time will be processed before storage.
The entire process will result in food price stabilisation over the long-term.
Key Features
◆ Use out-grower programmes to purchase all maize stock
◆ Set-up salary regime for farmers to entice them to turn-over all produce to the depot
◆ Emphasise one food crop at a time until adequately gathered and controlled.
◆ 200,000 tons grains storage per annum
◆ 200,000 tons of processed perishable food stuffs with medium term shelf-life.
◆ Annual stable food prices.
Overview
The Ghana Transit Trade Centre also referred to as the International Wholesale Market will be the world’s biggest wholesale market where goods from around the world can be sourced under one roof at exceptional competitive prices.
Besides the GTTC being a customs-free zone, shop owners will operate under a franchise regime in an effort to guarantee the lowest prices of goods aimed at directing massive business tourism to Ghana and the systematic localisation of production facilities towards full industrialisation within the medium term.
Key Features
- 400,000 wholesale shops
- 400,000 entrepreneurs
- Approximately, 800,000 direct employment of shop attendants
- Approximately, 10,000 direct employments of security and janitorial staff.
- Lowest wholesale prices
Overview
The Gold Depository or Bullion Depository will accept Gold, Silver, Platinum, Palladium, and precious metal products into both segregated and non-segregated storage for customers for a small fee.
The depository will be built to offer a first-class comfort and experience to global depositors using cutting edge technology, secrecy, encryption, physical security and insurance.
Key Features
- Underground storage capacity of 500,000 tons of gold
- Secure off-shore and tax-free depository regime from the Government of Ghana
- Establish monetisation system for international trading purposes
Ghana’s Comprehensive Economic Zone is a 200-Billion Dollar Market Opportunity. It is the largest industrial estate development in Ghana, and combines all aspects of life to create a city of absolute economic activity and offering a major boost the Ghanaian economy. The City is designed for consistent economic growth with the advantage of planning for the progressive development of auxiliary economic zones to support its performance.
Planning the industrial city has evolved around the ambition to establish a highly investor-friendly environment that potentially stimulates foreign investment. Quite some emphasis has been placed on the development of both bilateral and multilateral trade relations between investor countries and Ghana such that the economic benefits of foreign investments in the city will transverse the countries of investors and Ghana.
The city authority will leverage all the investment opportunities and concessions available from the Government of Ghana to provide the long-term security and comfort of investors. A great deal of dynamic and highly competitive enterprise programmes offer considerable scope for various forms of foreign direct investments.
The city aims to become the most favoured investment destination in Ghana and possibly in the West African sub-region. The rapidly growing attractiveness of the city as an investment destination is a subject of its strategic geographic location, private ownership, city management organisation and support for businesses and critical state inventions for business development and growth.
What is more, every investor is a special guest of the City Authority, and is specially protected from business hardships and losses through strategic state protectorate mechanisms and collaborations.
Overview
The building of factories will be concentrated at the industrial city except for aerospace, railways and shipyard which will each be assigned a specific estate.
The manufacturing programme other than those designated for exclusive estates will be undertaken subject to the following factors:
- Factories utilising 100 percent locally available raw materials for the manufacture of goods.
- Factories utilising more than 50 percent locally available raw materials for the manufacture of goods.
- Food manufacturing and processing industries.
- Housing factory
- Automotive vehicle assembly and parts assembly plants
- Other goods that have better potential of distribution across the African region than other imported goods.
Overview
The railway industry is in 4 parts as follows:
- Railway rolling stock and parts manufacturing
- Railway infrastructure development
- Passenger and freight service
- Railway Training College
The manufacturing sector will kick-start with the assembly of railway cars and freight vans, and later move to the more complex production systems.
Ghana Fund will over-see the development modern technology for the constructure of railway tracks that are almost maintenance-free as well as presenting very short time for the completion of construction works.
Overview
The ship building industry has been identified as an industry with the potential to turn around Ghana’s macro-economic growth performance. As a single industry with several connected industries, it is likely to speed up Ghana’s industrialisation process, and also, improve substantially the foreign currency earning of the country.
The emphasis is to create Ghana’s top-most export commodity as ships, and to establish craftmanship, innovation and product quality in the ship-building industry as a reputation for Ghana even though Ghana may be entering the sector quite late.
The programme to build ships for the world marine market will roll-out in strategic phases.
Key Deliverables
- Fishing Boats
- Container Vessels
- Naval Ships and Super-Fast Boats
- Ferry Boats
- House, Restaurant and Event Boats
- Yachts
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