October 31, 2024

Alan Kyeremanten reveals plans to create jobs at local government level

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Alan Kyeremanten

​​Plans by the government to create jobs at the local government level has been revealed by Trade and Industry Minister Allan Kyeremanten.

According to him, industrialization and transformation will be done through a ten-point comprehensive and integrated programme.

Speaking at the 2021 Orientation programme for Metropolitan, Municipal, and District Executives (MMDCEs), Mr Kyerematen reiterated that, the industrialization measures being put in place will enable Ghana to achieve rapid economic growth, create job opportunities, and to a larger extent reduce poverty and make Ghana the new manufacturing hub for Africa.

“Promoting local enterprises is the only guarantee for sustainable growth of the economy, creating jobs and building a prosperous Ghana”, the Minister stated.

Components of the programme the Ministry said will put in place include a stimulus package for existing local industries, the One District One Factory (1D1F) initiative, Strategic Anchor Industries Initiatives, Industrial parks and special economic zones, and Small and Medium Enterprises (SMEs) Development.

Other aspects to be relied on are industrial subcontracting, Export Development, Domestic Retail Trade, Business Regulatory Reforms and Public-Private Dialogue.

These measures among other things are meant to scale up the supply value chain in the country, enhance public-private partnerships, economic diversification, create a friendly business environment and promote value-added exports.

This component of the ten-point plan, for instance, is designed to support directly the growth of the MSMEs across the country.

It will include the establishment of the Ghana Enterprises Agency (GEA) for the restructuring and rebranding of the National Board for Small-Scale Industries (NBSSI) into Ghana Enterprises Agency (GEA) under the GEA Act, as the apex institution for MSMEs development in Ghana.

Also, 67 Business Resource Centres (BRCs) in 67 districts nationwide.

The BRC is a One-Stop enterprise support centre providing a full range of business development services, investment facilitation, and information services, and regulatory services to entrepreneurs and business enterprises at the district level.

Export development

The following are some of the priority products being promoted under the National Export Development Strategy:

1. Processed cocoa

2. Cashew (processed and in-shell)

3. Horticultural products

4. Oilseeds (processed)

5. Fish & fishery products

6. Sugar

7. Natural rubber sheets

8. Aluminium products

9. Articles of plastic

10. Textiles and Garments

11. Pharmaceuticals

12. Aluminium Products

13. Iron and Steel Products

14. Automobiles and Vehicles

15. Oil Palm Products

16. Industrial Salt

17. Petro-chemical Products

18. Machines and Machine Components

19. Industrial Starch

By: Stella Annan | myactiveonline.com Twitter @activetvgh

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