The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has lauded the United Arab Emirates’ (UAE) proposed $1 billion innovation and technology hub, calling it a game-changer for Ghana’s digital economy.
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Speaking after a meeting with UAE Ambassador Dr. Abdulla Almandoos, Mr. Madjie emphasized the project’s potential to fast-track Ghana’s digital transformation and elevate its regional status in technological advancement.
“This initiative can accelerate Ghana’s digital transformation and position the country as a hub for technological excellence in the region,” he stated.
The mega-project, fully funded by the UAE’s Ports, Customs and Free Zones Corporation (PCFC), will be situated on land provided by Ghana. Construction is scheduled to begin in 2026, with completion expected by the end of 2027.
Ambassador Almandoos, while outlining the scope of the hub, stressed the mutual benefits for both countries. He encouraged telecom and tech firms to set up shop within the hub, offering them UAE licenses as added incentives.
“The Ghana-UAE Innovation and Technology Hub aims to drive sustainable growth, foster collaboration, and boost innovation across multiple sectors,” the Ambassador noted.
