{"id":434479,"date":"2011-06-02T07:15:43","date_gmt":"2011-06-02T07:15:43","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/02\/ghana-launches-industrial-policy\/"},"modified":"2011-06-02T07:15:43","modified_gmt":"2011-06-02T07:15:43","slug":"ghana-launches-industrial-policy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/02\/ghana-launches-industrial-policy\/","title":{"rendered":"Ghana launches Industrial Policy"},"content":{"rendered":"<div readability=\"84.2000697107\">\n<p>You Are Here: <a href=\"http:\/\/www.ghanabusinessnews.com\">Home<\/a> \u00bb <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/general-news\/\" title=\"View all posts in General News\" rel=\"category tag\">General News<\/a> \u00bb Ghana launches Industrial Policy<\/p>\n<div>\n<p><span>Page last updated at Thursday, June 2, 2011 7:07 AM \/\/ <\/span><\/div>\n<p><a href=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/market.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-14034\" title=\"market\" src=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2009\/06\/market.jpg\" alt=\"\" width=\"248\" height=\"210\" \/><\/a>Trade and Industry Minister, Ms Hanna Tetteh on Wednesday launched Ghana\u2019s Industrial Policy with a call on stakeholders to partner government for smooth implementation to enhance its success.<\/p>\n<p>She said the country\u2019s long-term vision of high levels of development required an industry-driven economy capable of delivering decent jobs and productivity to achieve equitable social and economic development.<\/p>\n<p>The policy is a set of specific policy instruments and measures to be applied to increase access of the country\u2019s manufacturing sector to competitive factors of production to enhance productivity, efficiency and competitiveness.<\/p>\n<p>Key development objectives of the policy include expansion of productive employment in the manufacturing sector, promotion of agro-based industrial development and ensure spatial distribution of industries to achieve reduction in poverty and income inequalities.<\/p>\n<p>The implementation of the policy will be done through an Industrial Sector Support Programme, which are time-bound interventions to speed up the rate of industrialisation over the next five-years.<\/p>\n<p>Ms Tetteh said the policy would provide clear and transparent guidelines for the implementation of the industrial agenda to ensure the competitiveness and growth of the manufacturing sector.<\/p>\n<p>\u201cGenerally, the policy is aimed at ensuring that our industrialists are able to offer high quality and competitive products to enable them gain access to the global market. It represents a critical component of Ghana\u2019s strategic effort to alter the industrial structure by developing a competitive manufacturing sector,\u201d she said.<\/p>\n<p>Ms Tetteh said the ultimate success of the policy would be measured by the extent to which it empowered the private sector to expand and create opportunities for employment and reduce poverty inequalities in the country.<\/p>\n<p>She said government also planned to amend the Export Development and Investment Fund to expand its mandate to provide financing for agricultural and agro-processing and to present the Industrial Competitiveness Bill to Parliament for passage to provide incentives for the use of local raw materials, and increasing domestic content in local industry.<\/p>\n<p>\u201cWe are of the view that this combination of measures should put us on the path of industrial growth and development and help us to achieve our goal on accelerating industrial development,\u201d Ms Tetteh added.<\/p>\n<p>Nana Owusu-Afari, President of Association of Ghana Industries, said as demonstration of commitment the Association would set up an eight-member high level committee at the National Council to co-ordinate activities relating to the implementation of the policy.<\/p>\n<p>Source: GNA<\/p>\n<hr\/>\n<p>| | <a href=\"http:\/\/twitter.com\/home?status=Currently%20reading%20http:\/\/www.ghanabusinessnews.com\/2011\/06\/02\/ghana-launches-industrial-policy\/\" title=\"Click to send this page to Twitter!\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a> | <\/p>\n<hr\/>\n<h4>Comments<\/h4>\n<\/div>\n<p>See the original post here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.ghanabusinessnews.com\/2011\/06\/02\/ghana-launches-industrial-policy\/\" title=\"Ghana launches Industrial Policy\" rel=\"noopener noreferrer\">Ghana launches Industrial Policy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> You Are Here: Home \u00bb General News \u00bb Ghana launches Industrial Policy Page last updated at Thursday, June 2, 2011 7:07 AM \/\/ Trade and Industry Minister, Ms Hanna Tetteh on Wednesday launched Ghana\u2019s Industrial Policy with a call on stakeholders to partner government for smooth implementation to enhance its success. She said the country\u2019s long-term vision of high levels of development required an industry-driven economy capable of delivering decent jobs and productivity to achieve equitable social and economic development<\/p>\n","protected":false},"author":0,"featured_media":434480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-434479","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana launches Industrial Policy - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/06\/02\/ghana-launches-industrial-policy\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ghana launches Industrial Policy - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"You Are Here: Home \u00bb General News \u00bb Ghana launches Industrial Policy Page last updated at Thursday, June 2, 2011 7:07 AM \/\/ Trade and Industry Minister, Ms Hanna Tetteh on Wednesday launched Ghana\u2019s Industrial Policy with a call on stakeholders to partner government for smooth implementation to enhance its success. 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