Leading German Companies Pursuing Investments at Ghana’s WestPark

Chancellor Merkel’s visit to Ghana today brings into sharp focus the growing interest from German companies, large and small, to invest in the West African nation and contribute to Ghana’s ongoing economic boom.

At the WestPark, a 405-acre industrial and business park under construction in Ghana’s resource-rich Western Region, several German companies are at the forefront. At the WestPark’s groundbreaking ceremony late last year, the largest cohort of global companies in attendance were German, including Bosch, Knauf, DHL, Siemens, Grohe and Continental AG.

Bosch, one of Germany’s leading companies, was the WestPark’s first tenant. Their flagship “Bosch House”, due to open next year, will be home to seven of Bosch’s divisions, namely Power Tools, Packaging Technology, Thermotechnology, Automotive Aftermarket, Security Technology, Home Appliances, and Drive & Control Technologies. The “Bosch House” will showcase their range of products and solutions in a customer experience centre. Bosch will also offer after-sales service and training to deepen the expertise of local artisans, installers and mechanics in the market.

DHL Global Forwarding, the world’s leading logistics company, is committed to be the WestPark’s preferred logistics partner, offering a comprehensive range of services across all the elements of the international supply chain and all transport modes, including ocean freight, air freight and road freight. DHL is expanding its existing logistics services infrastructure in the region with a facility at the WestPark to connect Takoradi with the world and support the manufacturing and distribution of goods for the West African market. “WestPark will bring to life DHL’s ambition to set Ghana as the hub for West Africa“, said Serigne Ndanck Mbaye, CEO DHL Global Forwarding for West Africa.

Germany’s Knauf, the world’s leading manufacturer of building systems, executed a Letter of Intent to build a plant to produce plasterboard, plaster and drywall accessories at the WestPark, subject to satisfying ongoing planning and diligence associated with such a major investment. Knauf’s local production would replace imported products and deliver savings to Ghanaian consumers, especially in the residential and commercial real estate sector. With its local production in Ghana, Knauf also intends to supply surrounding markets.

Vincent Allard, Knauf’s Regional Manager for Western & Southern Africa, notes that with the proposed plant in Ghana’s Western Region, “Knauf is committed to offering its innovative building technologies to the West African market to support one of the key economic sectors”.

Discussions are ongoing with a number of other renowned German companies to open operations at the WestPark to build the supply chain infrastructure to produce and distribute their products and services across West Africa.

About the Westpark

The WestPark is a 405-acre commercial, industrial and residential development in a strategic location in Takoradi, Western Region, Ghana. The mixed-use development addresses the challenges – including access to reliable power, water, transport and telecommunications – that often confront companies in Sub-Saharan Africa and provides modern and reliable infrastructure to its tenants. The WestPark offers custom-built warehouses, factories, offices, and retail space to its tenants in conjunction with business development services to ease their entry into one of the world’s fastest-growing markets. The construction of the WestPark has been awarded to PW International following a competitive international tender. PW specializes in civil engineering and infrastructure and employs a workforce of over 1,500 people in West Africa.