A one-billion Innovation Hub is to be constructed within the nation as a part of efforts to place Ghana as the following Synthetic Intelligence (AI) Hub in West Africa.
The hub, to be constructed in Ningo Prampram, is a partnership between Ghana and the United Arab Emirates led by Ports Customs Free Zone Company (PCFC) and G42.
PCFC is a part of DP World and G42 is among the main AI corporations within the World.
Consequently, the Ministry of Communication, Digital Expertise and Improvements on Thursday signed a Memorandum of Understanding with PCFC to implant the undertaking.
The Minister of Communications, Digital Expertise and Improvements, Samuel Nartey George, signed on behalf of the federal government whereas the Group Chairman of PCFC and Chief Government Officer of DP World, Sultan Ahmed Bin Sulayem, signed on behalf of his nation.
In his remarks, Mr George stated the Innovation Hub to be funded by PCFC fashioned a part of President John Mahama’s imaginative and prescient of reworking Ghana into the following AI hub of West Africa.
He stated according to the imaginative and prescient to place Ghana because the AI hub in West Africa, President Mahama had launched the 1 million Coders programme to equip the youth with know-how and AI abilities.
“And for us, as you practice 1,000,000 coders, it is advisable to have jobs for these coders. Now how do you appeal to the roles? And that is the place PCFC and G42 are available in,” he stated.
The minister indicated that the companions had been influenced by the 1 million Coders Programme and determined to ascertain the Innovation Hub in Ghana.
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He stated G42 had led the transformation of Dubai’s AI ecosystem and PCFC at present held over 11 Innovation Hubs in Dubai.
He acknowledged that PCFC at present operated with all the massive 10 high know-how firms on this planet akin to Microsoft, Oracle, IBM, Meta.
“So having the innovation hub constructed right here in Ghana by PCFC, they arrive together with over 11,000 firms which might be below their umbrella within the United Arab Emirates to have a Ghanaian presence,” the minister stated.
Mr George stated the primary section of the undertaking which might be constructed on a 25-acre and would start in 2026, and accomplished inside two years.
“By way of technological improvement, properly that is arguably one of many largest investments that is going to occur over the following 24 months in Ghana,” Mr George acknowledged.
Among the many advantages of the Innovation Hub, he stated the undertaking would assist create jobs for the youth because the know-how and AI firms which might function within the hub wouldn’t herald expatriate however make use of locals to work with.
Sultan Sulayem in his remarks stated the world was at present dominated by concepts.
He stated the Western World was developed on the again of know-how and Ghana may pursue similar.
Sultan Sulayem stated the Innovation Hub would go a good distance to assist construct the required AI and know-how abilities in Ghana and assist create jobs for the youth.
He stated DP World function in 70 nations around the globe and was a number one logistics and provide chain firms and was positioned to execute the undertaking.