The industrial estates are expected to be created across all 10 regions in the country. According to Mr. Kyerematen, the estates will be necessary for the government to devolve its industrial growth plan from the major cities.
Citing examples from Asia, the sector minister affirmed the contribution of the industrial sites to economic growth.
“We are looking at building one industrial estate together with the private sector in each of our 10 regions. When you look at the case study of Asia and many other parts of the world, industrial estates have been a major instrument for industrial transformation,” he stated.
Mr Alan Kyerematen outlined the plans when he engaged the European Union Ambassador to Ghana, William Hanna, on building partnerships to achieve economic development.
Already, the NPP’s industrial expansion drive is expected to be on course with the rolling out of the much talked about ‘one factory, one district’ policy agenda.
The government, among others, also plans to review regulations to create the enabling business environment for private sector businesses to grow.
Key among them will be the annual interactions by the President with the private sector. The platform is expected to provide an interface for both parties to discuss policies that will support economic growth.
Other ambitious plans by the NPP government involve the creation of a pharmaceutical hub in Ghana. The government will also intensify its quest to develop the country’s exports through the establishment of the continental free trade yet to be finalized within the African sub-region.
A Freelance Journalist, Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A contributory writer for Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow (YALI) who studied at Clark Atlanta University on the Business and Entrepreneurship track. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morganview all posts by: Nana Kwesi Coomson
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