Emerged during 14 th Century One of the five 5 Akan States Assin Adanse Denkyira Akyem Asante Migrated from Central Africa Location amp Vegetation Single Largest traditional state Population approx 15 Million ID: 1003528
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1. The Royal Akyem Kingdom
2. Historical BackgroundEmerged during 14th CenturyOne of the five (5) Akan States[Assin, Adanse, Denkyira, Akyem, Asante]Migrated from Central Africa
3. Location & VegetationSingle Largest traditional statePopulation: approx. 1.5 MillionLand area: 5204 squared kilometersLongitude 10 00’ West and 00 15’ WestLatitudes 50 45’ North and 60 45’ North
4. Location & Vegetation
5. Political
6. Health80 state managed health institutions and 25 private hospitals and clinicsDoctor to patient ratio stands at 1:28,000Malaria remains # 1 killer disease although HIV/AIDS is in top tenInadequate health personnel & uneven distribution of facilities
7. TransportAbout 300 km of primary roads, 200 km secondary roads, and about 75 km of railwaysOther access roads, tracks, paths and footbridges make up the transport infrastructure
8. ForestryForest Reserve comprises 60.5% of the original forest cover of the Eastern Region of GhanaAreaSize (Sq m)Size (Sq Km)Size (Acres)Atiwa Forest Reserve 58,000,0005814,332Apedwa Reserve25,000,000256,178Southern Scarp59,000,0005914,579Reserve122,900,00012330,369Reserve109,390,00010927,031Extension42,000,0004210,378Total416,290,000416102,867
9. TourismThe Seismological Station (Kukurantumi)Historical Whetting RocksPrebi StreamNana Obuo Sacred virgin forest The Butterfly sanctuary The monkey sanctuary Obodanase Cave and Stone Church Hse Obuahwe Cave
10. TourismBunso ArboretumTrudu Waterfall Akrumu Waterfalls Suhurum Waterfalls Mfojo WaterfallKentenkren Waterfall Ancestral Cave Akusu waterfall
11. TourismWar Cave Hunters CaveSnake Palm tree Adasawase Caves Complex Natural “Bottomless” Pit Giant TreeOkyenhene’s palace at Kyebi
12. Agriculture Rainfall is 130.5mm and 226.6 mm. Non-traditional crops like black pepper, sunflower Bee-keeping, mushroom, tomatoes, garden eggs, pepper for export on a large scale.Irrigation farming using Volta Lake
13. Agriculture Several agro based industries in the Kingdom2 major processing companies in the Kingdom are the Ghana Oil Palm Development Co. Obooma Palm Oil millsTwo research institutions which deal with oil palm and citrus
14. Mineral ProductionBauxite deposits have been estimated at 182 million tonnesGhana produced 283,400 carats of diamonds in 2011.Estimated 11million reserves estimated around the Birim River in the KingdomGold production for 2011 - 3.6 million ounces up from 3.4 million ounces in 2010
15. Investing in GhanaThere is custom duty exemption for agricultural, and industrial plant, machinery and equipment imported for investmentAgro processing – the business of converting crops, fish or livestock produced in Ghana into edible canned or other packaged product other than in their raw state – 5 years exemption
16. Investing in GhanaExemptionsi. Tax Holiday (from start of operations) a. Real Estate: The income of a company from a business of construction for sale or letting of residential premises is exempt for five (5) years from the date of commencement of operations.b. Rural Banks: 10 years
17. Investing in GhanaExemptionsc. Agriculture and agro-industry:Cocoa farmers and producers – income tax exemptCattle ranching - 10 yearsTree cropping (e.g. coffee, oil palm, shea butter, rubber and coconut) –10 yearsLivestock excluding cattle and poultry - 5 yearsFish farming, poultry and cash crops - 5 years
18. Investing in GhanaExemptionsWaste Processing (including plastics and polythene) – 7 yearsFree Zones Enterprise/Development - 10 years and 8% thereafter.
19. Investing in GhanaLocational Incentives (Tax Rebates) a) Manufacturing industries located in regional capitals other thanAccra and Tema - 25 % rebateElsewhere - 50% rebateb) After the initial 5-year tax holiday period, agro-processing enterprises, which use local agricultural raw materials as their main inputs, shall have corporate tax rates fixed according to their location as follows:Accra-Tema – 20%Other Regional Capitals – 10%Outside Regional Capitals – 0%Northern, Upper East, Upper West Regions – 0%
20. Investing in GhanaInvestment GuaranteesFree Transferability of Capital, Profits and Dividends Insurance Against Non-Commercial RisksDouble Taxation AgreementsInvestment Promotion and Protection Agreements
21. Investing in GhanaFree zone investors do not require any minimum capital investment. However, investors must indicate their ability to fulfill the minimum 70% export requirement ActivityInitial FeeAnnual Renewal FeeDeveloper US$4,000.00US$2,400.00 ManufacturingUS$2,000.00US$1,600.00ServiceUS$3,000.00US$2,000.00 CommercialUS$5,000.00US$4,000.00
22. Investing in The KingdomInformation Communication TechnologySports/ Sports MedicineEducationAgro Processing (Oil palm and Fruit)Plantation (Oil Palm and Rubber)Mining (Gold, Kaolin, Diamond)
23. Why InvestGhana is strategically located within West Africa with easy access to one of Africa’s biggest markets with a population of 250 million people. Ghana’s location together with its relative stability makes Ghana a gateway for regional trade and investment
24. Why InvestNo restrictions on issuance of work and residence permits to free zone investors and employeesDuty free access of manufactured exports to USA (AGOA) and European Union marketsExcellent sea and air connections with Europe and USA
25. Why InvestAn already existing industrial base.Availability of land in the Kingdom without any encumbrancesStature and credibility of the King in assisting to set up business in GhanaA competitive minimum wage rate
26. Why InvestA stable political environmentAbundant, adaptable and easily trainable labour force. Adult literacy rate of 65% with 71.7% male and 58.3% female. 83 percent of the children in Ghana are in school, making it one of the countries with the highest school enrolment rates in West Africa. Ghana can also boast of highly educated persons who have been trained abroad and have excelled in the various industries.