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The Minister of <\/span><\/span>Trade and<\/span><\/span> Industry, <\/span><\/span>Kwadwo<\/span><\/span> Alan <\/span><\/span>Kyerematen<\/span><\/span> says <\/span><\/span>industrialization is the only way to effect massive economic transformation in the country.<\/span><\/span><\/p>\n He opines that it is only through industrialization that the country can enhance exports and minimize imports.<\/span><\/span><\/p>\n This he said would build the foreign<\/span><\/span> exchange buffers of the country and subsequently restore some glory to Ghana\u2019s local currency.<\/span><\/span><\/p>\n Delivering the keynote address at the Ghana Industrial Summit & Expo, the Trade Minister maintains that 1D1F is a strong brand, but consists of just one component of what government is doing to enhance productivity in the industry.<\/p>\n He recalled the experiences industry players and government have learned from the Covid-19 pandemic<\/p>\n \u201cUnless we industrialize, in the case of any serious global crisis we would be found wanting\u201d.<\/p>\n He reiterated that the rising challenge of employment also points unequivocally to the need for the country to take industrialization seriously.<\/p>\n \u201cIt is not a matter of coincidence that the most advanced countries in the world are the most industrialized.\u201d<\/p>\n \u201cWe have no choice in the country to support the path for transformation, which is to support industrialization,\u201d he affirmed.<\/p>\n The Minister shares in the cry of the ordinary Ghanaian that things are hard but assured that government is working around the clock to restore normalcy to the system.<\/p>\n The 5th<\/span> Ghana Industrial Summit & Expo was under the theme: Investing in the Ghanaian Industries to leverage opportunities in the single African Market.<\/p>\n