The Ministry of Trade and Industry (MOTI) has outlined 10 industrial policies aligned with the country’s industrial agenda to build a better economy.
Speaking at the recent executive business forum held at the Africa Industrial Trade Show (AITS), the Industrial Promotion Officer of the Ministry of Trade and Industry, Madam Veronica Abagye noted that these policies are aimed at expanding business opportunities for local and international investors, nurturing SMEs and creating employment opportunities in the country. More importantly, these policies will help to increase Ghana’s economic efforts in order to achieve industrial growth in the country.
The 10-Point industrial policies include:
How Dawa Industrial Zone Applies MOTI’s 10 Industrial Policies
Public-private collaborations and investments have been a force in building and growing Ghana’s economy over the years. The Ministry of Trade and Industry has identified strategic anchor industries with the potential of boosting economic growth in Ghana. These include the pharmaceutical industry, integrated Aluminum industry, iron and steel, automobile industry, automobile, and vehicle assembly, textiles, garments and apparel sector, industrial salt, petrochemicals, manufacturing of machines and machinery components, industrial starch, and oil palm industry.
At the moment, Ghana’s new flagship location for all types of industries, the Dawa Industrial Zone, has taken advantage of these policies and created conducive business environments to accommodate various specialized industry groupings including the automotive assembling industry, garments, and textile manufacturing industry, pharmaceuticals manufacturing, agro-processing, warehousing and logistics, and cement manufacturing.
The Dawa Industrial Zone offers unmatchable advantages to investors with its strategic location giving easy access to ports, the international airport, labour and neighbouring markets. The DIZ is also a fully -serviced special economic zone with infrastructure to help facilitate and ease production activities within the enclave.
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