Ministry of Trade & Industry – Business Regulatory Reforms Unit (MOTI-BRR)

The BRR program seeks to improve the business regulatory environment to spearhead the country’s economic transformation, create more jobs, and encourage entrepreneurs to succeed in both domestic and international market and ultimately make Ghana the most business-friendly economy in Africa. The program is also to make Ghana the most transparent and efficiently regulated business environment in Africa with reduced risks and costs to the private sector, increased investments, enhanced market entry and, boosting economic growth. This will present simpler, transparent, and predictable rules and processes to facilitate Business.

The GETP is supporting the implementation of Ghana’s Business Regulation Reform (BRR) program coordinated by the MoTI-BRR Unit. This support also aims at reforming business entry and operations, strengthening relevant institutions and systems to improve the business environment including employing public-private dialogue, investment promotion, export promotion, online registry of business regulation, online publication and notification of business regulations.

Ministry of Trade & Industry - Industrial Parks & Safe Economic Zones (SEZ)

The Ministry of Trade & Industry (MoTI) is also pursuing an industrialization agenda to transform the economy and pave way for citizens to enjoy the benefits of an industrial economy with quality jobs and higher incomes. Government intends to realize this objective by encouraging the participation of private sector and multinational corporations (MNCs) in the industrial sector. Whiles ensuring the right environment for businesses to thrive, including policy direction and industrial land banks.

GETP supports MOTI to strengthen the SEZ policy and legal framework, build institutional and planning capacity, develop the first set diagnostics for both the country’s overall SEZ regime and specific SEZ zone/projects. In furtherance of the project objective to leverage private investments, the Project is deploying appropriate financial support instruments and incentives to crowd-in private investments. A Viability Gap Fund (VGF) Scheme is one of such measures. The VGF scheme is to enhance the financial viability of priority Special Economic Zone (SEZ) projects in order to increase their attractiveness to potential private investors (developers / operators). The anticipated benefits of the GETP support include: