The Danish government says it is ready to build more partnerships with Ghanaian businesses to enable them become manufacturing giants such as the Margins Group, an identity security and associated tran-sactions company.
Tove Degnbol, Danish Ambassador to Ghana, who disclosed this in Accra yesterday said the private sector has a crucial role to play in the economic development of the country hence the need to support them.
Speaking at the 25th anniversary celebrations of the Margins Group she said the Margins Group although, a private sector player, has put Ghana on the world map in the area of printing of identification cards.
The event was also used to unveil a plaque for Ashie Driveway within the premises of Margins Group in honour of Mr. Ashie who awarded the first international contract to the company, which marked its turning point.
The Ambassador said the story of the Margins Group should be an inspiration for other Ghanaian companies, that with hard work, commitment and dedication they could also achieve their set goals and objectives.
She said the outlook for the company was very bright as there was a huge demand for hi-tech integrated solutions globally.
She pledged her support to the Margins Group to assist the company to meet its goal of being the first and the only full service Ghanaian-owned company certified in card and security printing in sub-Saharan Africa.
The Margins Group today is unsurpassed in the West African sub-region in the area of the production of intelligent card operations which are dependent on modern sophisticated machinery.
It has been receiving direct and indirect support from the Danish government since 1999.
Under the then Private Sector Development Project, Danida assisted with the start-up of the company by contributing additional funds to top up the equity investment of Danish and Ghanaian partners in a start-up company known as Margins ID Group.
Since then, various types of financing and grants have been made available at various stages of the growth of the group and its subsidiary, by the Danish Government and its agencies.
Mr. Moses Baiden Jnr, Executive Chairman, Margins Group said after 25 years of hard work the company which he started with only 100 dollars had grown to be a trail blazer in Ghana.
The company, he recalled, started as a small business in his father’s house but has since then expanded to its present status as a leader in the area of intelligent card production and other security stuff.
“The dream and thought of having a globalised identification printing company which started in way back in the Law School has come into reality,” he said.
Mr. Baiden stressed the need for the country to give opportunities to young talents to also fulfill their dreams.
Mr. Frank Oye, Executive Director, Margins Group announced that the group was instituting an entrepreneurial award in information technology in order to prop them up to develop their businesses.
By David Adadevoh