Build local content capacity — AGI
The Association of Ghana Industries (AGI) has called for a deliberate government policy to help raise the expertise and capacity of local enterprises to enable them compete for contracts in areas currently dominated by their foreign counterparts.
The association fears that the call on the need for local participation in key sectors of the economy would yield less results if indigenous enterprises are not supported to build the necessary expertise.
Such expertise, it said, would help such companies meet the standards often required of them.
“The fact that we are talking about local content doesn’t mean that is all. Industry should be supported so we can develop our capacity and be prepared to deliver quality goods and services to meet the standards that are required,” AGI’s President, Nana Owusu Afari, said in Accra.
“Indeed, we also need effective capacity development of local companies and prepare them to take advantage of opportunities presented,” Nana Afari stated at the launch of AGI’s Local Content Exhibition and Conference held on September 18
The exhibition and conference is an annual initiative of the AGI, and related enterprises, to serve as a platform for the business community to share and exchange ideas in their drive towards growth.
This year’s edition, the fourth in the series, is scheduled to take place from October 21 to 24 at the Accra International Conference Centre (AICC), on the theme ‘Making Local Content Work.’
According to AGI’s President, the theme was chosen to reflect the growing need for the country to begin to implement some of its local content policies rather than just espousing them in words.
It comes at a time the country is pushing for the passage of a local content bill on oil and gas to, among other things, give locals the opportunity to benefit from the prospects in the nascent industry.
While commending the development, Nana Afari said “the laws (on local content) can be there but if we don’t build the capacity, they won’t work.”
The Deputy Minister of Water Resources, Works and Housing, Hon V. O. Asamoah, who launched the event, said it was imperative for government to continue to support local industries to enable them benefit from the economy.
By Maxwell Adombila Akalaare
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