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Jun 3, 2011

NATIONAL INDUSTRIAL POLICY LAUNCHED


Nana Owusu-Afari, President of the Association of Ghana Industries (AGI) and Nana Appiah-Agyei Dankawoso, Second Vice-President of the Ghana National Chamber of Commerce and Industry (GNCCI), have jointly launched a National Industrial Policy (NIP), to stimulate private sector led growth of the economy.

 

The policy, which is anchored on thematic areas such as production and distribution, technology and innovation, is aimed at facilitating the country’s industrialization agenda.

 Ms. Hannah Tetteh, the Minister for Trade and Industry, who delivered the keynote address at the launch in Accra, said the new policy which has been approved by Cabinet and the five-year Industrial Sector Support Program (ISSP), are designed to provide timelines for the implementation of the NIP.

 She noted that the NIP will also complement the Private Sector Development Strategy (PSDS) II, geared towards developing a thriving private sector, with the capacity to create jobs so as to enhance the livelihood of people.

 The Minster added that the policy will also assist industry to produce high quality products that can compete favorably on the international market.

 She, therefore, expressed her gratitude to the Development Partners (DP) for funding the development of the NIP.

Source: ISD