General News

Vice President Reaffirms Industrialisation Drive, Pushes 24-Hour Economy at AGI Awards

Amazon Store

Vice President Prof. Jane Naana Opoku-Agyemang has strongly reaffirmed the government’s commitment to accelerating Ghana’s industrialisation agenda, calling it the essential path to achieving economic independence, resilience, and long-term prosperity. Speaking on Saturday, November 29, 2025, at the 14th AGI Ghana Industry and Quality Awards in Accra, the Vice President declared that industrial growth is central to the government’s transformative policies, specifically mentioning the proposed 24-hour economy. She explained that this policy is designed to incentivise manufacturers and light industries to operate around the clock in shifts, which is expected to boost productivity, maximise resource use, and create more jobs.

Complementing this, the Vice President also highlighted the Feed Ghana Programme, a strategic initiative aimed at boosting food production, creating employment, and ensuring a stable supply of raw materials to support the expansion of agribusiness and position Ghana as an export-driven economy. 

The Vice President stressed that achieving industrialisation is a shared responsibility, urging the private sector to make bold investments and assuring them of continuous government support, particularly under the Agribusiness Policy designed to guarantee reliable inputs for manufacturers. She also pledged to address persistent challenges like limited access to credit.

In her address, Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, detailed government reforms underway to create a more supportive industrial environment, noting that digitalisation and regulatory changes—from company registration to customs clearance—are simplifying processes and enhancing predictability for businesses.

The Minister also underscored the government’s commitment to strengthening local industries through its procurement power, citing the purchase of locally manufactured sanitary pads for schoolgirls and support for the automotive sector. She further pointed to major infrastructure investments, including efforts to improve energy stability, expand industrial parks, and enhance transport networks like the Abidjan–Lagos Corridor initiative, as critical enablers for industrial competitiveness.

Outgoing AGI President, Dr. Humphrey Ayim-Darke, commended the government for measures like removing the COVID-19 levy but called for stronger border controls and the elimination of substandard goods to protect local industries. The ceremony concluded with Softcare Ghana winning the overall best industrial company of the year award. 

Ruth Abla ADJORLOLO

Leave a Comment

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.