Audio By Carbonatix
Prof. Cletus Dordunoo, Chief Executive of Clayford Consultancy in Accra, has urged the Association of Ghana Industries (AGI) to play advocacy role and lobby the government to adopt sound economic policies for the industrial sector.
This, he said, would help create more employment opportunities for the people and improve the economy.
Prof. Dordunoo was addressing members of the Ashanti Regional branch of the AGI at a day’s seminar organized by the association in collaboration with the Business Sector Advocacy Challenge (BUSAC) Fund in Kumasi.
It aimed at educating the members about research findings conducted by the association as a result of trade liberalization and its effect on food processing industries, wood industries as well as garments and textiles.
He spoke about the vital role and contributions of industries towards the socio-economic development of the country and said Malaysia was able to achieve development through sound economic policies, hard work and commitment of the people.
Prof. Dordunoo said most industries have not been able to achieve the desired impact because of high cost of raw materials, lack of capital and inadequate market.
He advised the AGI to put in place effective measures to improve on the performances of the industrial sector to enable it become the engine of growth of the economy.
He appealed to the government and other financial institutions to provide AGI members with loans to expand their businesses and stressed in the need for them to produce quality goods for both local consumption and also to meet international standards.
Mr Kennedy Awuah–Gyawu, who is in-charge of the association in Ashanti and Brong-Ahafo regions, said the association has been concerned about the influx of imported products into the local market and that this is affecting local industries.
Mr Kofi Gyasi, of the Business, Investment and Tourism Secretariat in the region, appealed to Ghanaians to patronize Made-in-Ghana goods to protect local industries.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Retirement age reform requires national consensus, not a SSNIT decision – Afreh Biney
58 minutes -
Extending retirement age could delay opportunities for youth by up to 7 years – SSNIT boss
1 hour -
Jamaica in talks to accept third-country migrants deported from US
1 hour -
G7 leaders call for strong, coordinated response to Ebola outbreak
2 hours -
Ebola Bundibugyo vaccine candidates could enter Phase 1 trials as early as July
2 hours -
Longer life expectancy alone is not enough to raise retirement age – SSNIT boss
4 hours -
Mobile tech to add $290bn to Africa’s economy by 2030, GSMA says
4 hours -
South Africa’s Ramaphosa warns against scapegoating migrants for economic woes
4 hours -
Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
5 hours -
Prince George to attend Eton College from September
5 hours -
Cadbury chocolate-owner Mondelez defends staying in Russia
5 hours -
‘We fear for our lives’ – deadline for migrants to leave South Africa looms
5 hours -
Hungary’s MPs block return of Orbán, limiting rule of PM to eight years
5 hours -
Hundreds of cats stolen for food in Vietnam rescued by police, welfare group says
5 hours -
Brazil convicts Jair Bolsonaro’s son of pursuing US help in father’s legal battle
6 hours