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Appolonia Business Park Launched

By Daily Guide
Business & Finance Appolonia Business Park Launched
AUG 24, 2016 LISTEN

Holger Adam (right), Ghana Country Head of Rendeavour, Stephen Jennings (second right), James Asare-Adjei and Frederick Alipui, Policy Advisor to the Trade Minister in a pose after unveiling the park

Appolonia Development Company Limited, developer of Appolonia City, has launched its business park dubbed 'Appolonia Business Park (ABP).'

ABP, which is a modern business and logistics hub, is expected to provide Ghanaian and international companies with an ideal location to establish and grow their businesses.

The Appolonia Business Park has accordingly been designed to accommodate manufacturing, processing, storage, logistics and service companies.

The park comprises 70 acres of land and provides space ranging from 0.25 acre to 10 acres depending on the requirement of the business.

It is expected to provide modern infrastructure specifically engineered to suit light industrial and business uses.

Stephen Jennings, Founder and CEO of Rendeavour, the lead investor and developer of Appolonia, said “Appolonia Business Park's high quality infrastructure and secure land title create an ideal environment for companies looking to expand their businesses in Ghana and West Africa.

“Furthermore, the neighbouring residential areas of Appolonia allow employees to live nearby their workplace, while enjoying amenities such as parks, schools, healthcare and shopping,” he said.

Minister of Trade and Industry, Dr. Ekow Spio Gabrah, in a statement read on his behalf, lauded the ABP initiative.

“Projects such as Appolonia can bring immense benefits to the local community, Accra and the wider region,” he said, adding that “we are thankful to Rendeavour for the foresight to place one of its projects in Accra, ensuring that value is given the host nation.”

According to him, the entire Appolonia City has the potential of becoming Ghana and indeed West Africa's Silicon Valley.

President of the Association of Ghana Industries (AGI), James Asare-Adjei, urged businesses to patronize the ABP.

He also called for support to establish industrial hubs for the growth of industries in Ghana.

About Appolonia City
The Appolonia City, a 2,250 acre (914 hectare) mixed-used urban project that has zones for residential, commercial, recreational and light industrial uses, was launched in 2012.

Rendeavour is reportedly investing over $250 million in the provision of roads, water, sewerage and power, at Appolonia.

This is expected to lead to the construction of over 25,000 houses for 88,000 residents during the project which is a partnership between the Appolonia community located within the Greater Accra region and Rendeavour, one of Africa's leading urban land developer with over 30,000 acres of land in the urban growth trajectories of major cities in Kenya, Ghana, Nigeria, Zambia, and the Democratic Republic of Congo.

BY Melvin Tarlue

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