This blog is managed by the content creator and not GhanaWeb, its affiliates, or employees. Advertising on this blog requires a minimum of GH₵50 a week. Contact the blog owner with any queries.
Vice President Prof Jane Naana Opoku-Agyemang has thrown her weight behind the Ministry of Trade, Agribusiness, and Industry’s efforts to propel Ghana’s economic transformation.
During a recent working visit, she commended Minister Hon. Elizabeth Ofosu-Adjare and her team for their tireless efforts in driving the country’s industrialization agenda.
The Vice President’s visit was part of a broader engagement with various ministries, underscoring the government’s unflinching commitment to a whole-of-nation approach to development. She was impressed by the Ministry’s significant strides, including the Accelerated Export Development Programme, which is set to catapult Ghana’s non-traditional exports onto the global stage.
“I appreciate the targeting of women and youth in agribusiness,” Prof. Opoku-Agyemang said, highlighting the importance of inclusivity in economic growth.
The Ministry’s efforts to empower 29 Ghanaian enterprises to tap into the African Continental Free Trade Area (AfCFTA) market, showcasing Ghanaian products globally, and the Ghana Standards Authority’s robust performance, granting export approvals to 179 companies, are testimonies to the nation’s potential.
The Vice President stressed the need for strong inter-ministerial collaboration to create a seamless economic ecosystem, emphasizing the importance of feeding raw materials directly into domestic industries.
“Breaking imports down into their components helps us identify spaces for local production,” she noted.
Prof. Opoku-Agyemang urged the Ghana Standards Authority to maintain its high standards, supporting efficiency and quality in local production. She emphasized the imperative of expanding local production capacity to meet the demands of Ghana’s burgeoning population.
“If we can retain even 60% of our national spending within our economy, the long-term impact on productivity, employment, and national wealth will be transformative,” she declared.
The Ministry is pushing ahead with policy development, with drafts under review for the Textiles and Garments Manufacturing Policy, Pharmaceutical Manufacturing Policy, Automotive Components Manufacturing Policy, and Special Economic Zones Policy. Initiatives like the Komenda Sugar Factory, revitalized GRATIS, and the Ghana Enterprises Agency’s entrepreneurship training programs for youth and women are also gaining traction.
Undoubtedly, as Ghana strives for economic prosperity, Prof. Opoku-Agyemang assured the Ministry of the government’s unwavering support. “My doors remain open to the Ministry, and Government will continue to create an enabling environment for industry, agribusiness, and trade to prosper,” she affirmed.
The Vice President’s visit underscores the government’s commitment to fostering a thriving economic landscape, where local industries flourish, and Ghana’s potential is fully harnessed.
Story by Lawrence Odoom/Phalonzy
Source:
www.ghanaweb.com
