The Association of Ghana Industries (AGI) has commended the Government for passing the 24-Hour Economy Authority Bill, 2025, describing it as a “bold step” toward unlocking Ghana’s economic potential.

In a statement signed by AGI President Kofi Nsiah Poku on February 9, 2026, the industry body highlighted the law’s potential to drive round-the-clock productivity, stimulate investment, and position Ghana as an export-led economy.

“This initiative represents a bold step toward unlocking Ghana’s economic potential through continuous productivity, supported by a framework that strengthens supply chains, encourages investment, and positions Ghana as an export-led economy,” Nsiah Poku said.

While acknowledging positive trends in Ghana’s macroeconomic indicators, AGI stressed the need for export diversification to sustain these gains.

“To maintain and deepen these achievements, it is critical to diversify our export base. The passage of this Bill is timely, as export diversification is essential for the long-term sustainability of Ghana’s economic recovery,” he added.

The AGI President outlined the law’s potential benefits, including job creation, increased productivity, higher exports, and reduced reliance on imported goods. He also welcomed the Bill’s legal framework for coordinating policy implementation and facilitating incentives for continuous industrial operations.

“We expect strong regulatory oversight, effective public-private coordination, mobilization of investment, and provision of infrastructure to support 24-hour operations,” Nsiah Poku said.

The association praised proposed incentives such as tax rebates for multi-shift operations, subsidized night-time electricity tariffs, and fast-track import duty waivers for production equipment.

“These measures will enable SMEs in manufacturing, agro-processing, and export sectors to expand operations, create jobs, and increase local production,” he noted.

AGI acknowledged that the incentives could reduce government revenue in the short term but argued that supporting local industry would drive structural transformation, broaden the tax base, and enhance long-term growth and fiscal stability.

The statement also highlighted the need for efficient and transparent access to fiscal and monetary incentives, particularly considering challenges experienced under the Tax Exemptions Act, 2022 (Act 1083).

AGI urged that existing initiatives, such as One District, One Factory (1D1F), be integrated into the 24-hour economy framework.

“Many of these facilities are currently operating below capacity. Targeted support will revive production, strengthen industrial output, and create additional jobs,” Nsiah Poku said.