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Ghana looking to set up first technology park

Tuesday, May 8, 2012

Technology Parks across the world have been recognized as important mechanisms for innovation and stimulating technology transfer.

They also help with the formation and growth of high-tech entrepreneurial start-ups and regional economic development, and serve as sources of revenue.

Ghana’s Minister of Communications, stated this at a ground-breaking ceremony for the commencement of work on Ghana’s first Technology Park at Tema, Monday.

Citing examples of Technology Parks such as the Smart Village in Egypt; Innovation Hub in South Africa; Silicon Valley in America; and the Cambridge Science Park in England, the Minister said all these parks had managed to persuade large companies to invest in them by offering access to research centres, high-quality laboratory facilities and available infrastructure.

“These parks also provide companies with ready access to innovative projects which yield enormous benefits,” he pointed out.

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