Audio By Carbonatix
A local non-governmental organization, Constellar Institute for Creative Studies (CICS), is targeting to facilitate the establishment of 350 factories nationwide in two years.
The initiative is under a special incubator programme, known as Industrial Empowerment Seminar,.
CICS and its partners will create 7, 000 jobs over the period.
The programme will be executed with anticipated local and foreign partnership support, including government’s National Entrepreneurship and Innovation Plan.
An initial 50 factories are expected to be set up in the Ashanti Region.
Focal groups under the Constellar Incubation Programme will serve as architects of the factories for the manufacture of a wide range of products.
Young entrepreneurs will receive industrial training to be run nationwide.
Co-founder, Professor Ramses Akosah, says the initiatives are being championed within the context of government’s One District, One Factory Policy.
He says the project will reduce importation and positively affect the economy.
“It does not take much time to put up a factory and of course this is very achievable. With this number of factories the economy will see a massive improvement”, he said.
Meanwhile, traditional authorities in the region are upbeat about the potential of the program.
Amakomhene, Nana Adu Mensah Asare says traditional authority will see to the success of the program.
“In our part of the country, traditional leaders own the lands and we are willing to give out the land for the factories. This will bring jobs to our people,” he assured.
Kumasi Technical University is a strategic partner, and students at the Institute are positioning themselves to capitalize on programme.
The Multimedia Group Limited is key a partner in the initiative.
Latest Stories
-
AMA fines 13 offenders during National Sanitation Day exercise in Accra
2 minutes -
Osu building demolished after structural failure raises safety concerns
5 minutes -
Lands Minister Armah-Kofi Buah launches Responsible Cooperative Mining initiative for Akyem Kotoku in Eastern Region
8 minutes -
Bonn Climate Talks: Ghana takes the floor on behalf of the African Group of Negotiators
13 minutes -
Ghana Movie Awards: A great production marred by poor time management
18 minutes -
DENSTAR project: Global consortium launches €11m dengue vaccine initiative for Africa
34 minutes -
TEIN-KsTU lists Mahama government interventions easing tertiary student financial burden
35 minutes -
A rainfall tax for Ghana: Is it time to finance flood resilience differently?
44 minutes -
Telecel Foundation Healthfest extends healthcare service to Konongo for Ashanti Month
49 minutes -
Business Week’s Kofi Ahovi calls for stronger international partnerships to drive climate solutions
54 minutes -
Avenor building collapse victim identified as Esther Donkor, a trader and mother of 4
1 hour -
GSA PhD cohort in UK expresses frustration over delayed scholarship payments
1 hour -
Academic City’s Dr Lucy Agyepong honoured at 2026 Ghana Women of the Year Awards
1 hour -
GJA applauds stakeholders for successful World Press Freedom Day Honours Night
1 hour -
‘Cool heads must prevail’ – Health Committee Chair urges resolution of KATH impasse
1 hour