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Dec 21, 2011

Phase 3 of rural enterprise scheme launched


 

H. E. John Mahama, Vice President has launched the third phase of the Rural Enterprise Programme (REP) at Mankesim in the Central Region to improve the livelihood and incomes of rural micro and small-scale entrepreneurs.

 

He said the key components under the programme include established rural technology facilities in beneficiary districts to support the transfer of appropriate technology to farmers, agro-processors and metal-based artisans.

Mr. Mahama made this known at Mankesim adding that REP aimed at strengthening MEs, which are the main contributor to GDP growth, besides engendering the development of light industrial zones in the districts.

According to him, the eight-year programme, which targets 600,000  people in 160 municipalities and districts across the country, is jointly financed by the government, the International Fund for Agricultural Development and the African Development Bank at a cost of GH¢330.8 million.

It followed the successful implementation of the pilot REP-1 and REP II introduced in 1995 and 2003 respectively, which covered 13 districts in the eco-transitional zone of the Ashanti and Brong-Ahafo regions.

The programme also involves the establishment of business development services at the district level to micro and small enterprises (MSEs) to upgrade their technical and entrepreneurial skills, besides the extension of start-up credit facilities and requisite equipment to graduands of various skills training programmes.

 He noted that various programmes including the Youth in Agriculture, Local Enterprises and skills Development Programme and the Ghana Social Opportunities Project which has been rolled out will remain useless unless the youth availed themselves to the life-changing opportunities it offered.

 Source: ISD