Business News of Sunday, 5 November 2017Source: ghananewsagency.orgPass Construction Industry Development Authority bill - Rockson DogbegahChairman, Association of Ghana Industries, Construction Sector, Rockson Kwesi DogbegahChairman for the Association of Ghana Industries (AGI) Construction Sector, Rockson Kwesi Dogbegah has called on government to pass the Construction Industry Development Authority (CIDA) bill to regulate activities in the construction industry. Mr Dogbegah said the growth of the local construction industry hinged on the promotion and uptake of indigenous materials, access to short and long-term finances and resources, quality services, training, and a strong collaboration between industry and academic research. He said Government must facilitate technology transfers and local capacity development by ensuring effective collaboration with foreign construction companies, whiles enhancing the construction supply chain. He said there is the need for local participation in the control and financing of joint venture arrangements that promoted the use of local resources, materials and services in the construction industry. Mr Dogbegah said poor procurement practices, weak legal and regulatory frameworks, and delayed payments for executed contracts remained bottlenecks to the growth of the local construction industry.

Source: GhanaWeb November 05, 2017 00:22 UTC