24H+ Authority extends pharmaceutical park registration deadline to 2026

The 24H+ Authority has announced an extension for pharmaceutical manufacturers to register their interest in operating within the Legon Pharmaceutical Innovation Park (LePIP). The new deadline for submission has been set for October 31, 2026, providing a wider window for companies to join the ambitious industrial project. Located across 2,000 acres in the Shai Osudoku and Ningo Prampram districts, the park is a central pillar of the government's strategy to bolster national drug security and promote industrialization.

The project aims to address a significant economic drain, as Ghana currently spends more than $300 million annually on pharmaceutical imports. By centralizing production at the LePIP facility, the 24H+ Authority targets a 50% replacement of these imports with locally manufactured products by 2030. Supported by the Ghana Infrastructure and Investment Fund (GIIF), the park will offer specialized shared infrastructure and advanced quality control laboratories to support a wide range of pharmaceutical manufacturing activities.

Beyond industrial output, the park is expected to be a major driver of employment, with projections suggesting the creation of up to 30,000 direct and indirect jobs. The 24H+ Authority emphasized that the current registration phase is intended to gauge interest and is not a formal tender. Consequently, registration does not automatically guarantee leases or operational rights. Following the deadline, shortlisted companies will enter bilateral discussions with the Authority to negotiate specific terms and requirements for their participation in the park.

This extension reflects a commitment to ensuring a diverse and robust cohort of manufacturers within the facility. As the 2030 target for import substitution approaches, the success of the Legon Pharmaceutical Innovation Park will be critical in reducing foreign exchange expenditure and establishing Ghana as a regional hub for pharmaceutical excellence. The Authority continues to encourage both domestic and international firms to take advantage of the extended timeline to align their investment plans with the park’s long-term objectives.