24-Hour Economy Authority, Petrochemical Holdings sign $700m MoU

A statement issued in Accra said the proposed chemical production complex represented an estimated investment of about $700 million, underscoring the scale of investment being attracted under the Government’s 24-Hour Economy Programme.

The 24-Hour Economy and Accelerated Export Development Authority (24H+) has signed a Memorandum of Understanding (MoU) with Petrochemical Holdings GmbH (PCH) to establish two strategic industrial projects aimed at boosting manufacturing, exports and job creation in Ghana.

Goosie Tanoh, the Presidential Adviser on the 24-Hour Economy and Accelerated Export Development, said the partnership would accelerate Ghana’s industrialisation, export promotion and sustainable job creation.