Business News of Tuesday, 29 June 2021Source: www.ghanaweb.comGovernment through the Ministry of Trade and Industry has assured that it is on course in making Ghana the designated manufacturing hub in Africa, a Business24 report has said. Technical advisor at the Ministry, Anthony Nyame-Baafi explained government has so far identified more than 200 exporters who are receiving support to export items to potential markets. “So, from 2017, the ministry started to implement this industrial transformation agenda, and the first one was the 1 District 1 Factory (1D1F), which basically is to add value to the raw materials,” he said. Now you know, for example, that VW from Germany has come to do some manufacturing and will be exporting to neighbouring countries,” Mr. Nyame-Baafi added. Already government has introduced the Industrial Transformation Agenda which is hinged on developing key growth sectors of the economy such as the automobile, pharmaceutical, petrochemical, industrial starch, bauxite, iron and steel industries, all in a bid to enhance export trade.

Source: GhanaWeb June 29, 2021 12:22 UTC