Ghana econ. outlook strategy confab launched

•  Mr. Spio-Garbrah

• Mr. Spio-Garbrah

The 2016 edition of the Ghana Economic Outlook and Business Strategy Conference (EOBS), has been launched in Accra.

The conference, on the theme, ‘Industrialisation: The impetus for Ghana’s economic growth’, is expected to be opened by President John Mahama in Accra on January 20.

The EOBS was conceptualised with the aim of creating a platform for businesses, the private sector, public institutions, governments, academia and other stakeholders to meet and deliberate on specifics that can have a positive impact on businesses and the economy.

The objectives of this year’s EOBS is to create a conducive forum where policy makers and stakeholders address the inability of the government to implement initiatives under the Industrial Policy, and discuss the role of stakeholders in achieving measures outlined in the policy.

It is also to identify and agree on the role of having an efficient energy supply to boost and support industry and the economy as well as create a forum where local manufacturers would interact with visiting expatriate investors and explore opportunities for investment and partnership.

At the launch in Accra, the Chairman of the Africa Business Media, organisers of the EOBS, Mr. Kwadwo Asumaning, said the theme was settled on owing to the important nature of industrialisation to the country’s development.

He said industrialisation of the country was one key way of addressing the unemployment challenges the country was faced with.

Mr. Asumaning was optimistic the conference would address the lingering questions on the minds of Ghanaians in the area of manufacturing for national development.

The Director of Industry at the Ministry of Trade and Industry, Mr. Kofi Afresa Nuhu, said the conference would highlight the industrialisation opportunities in the country to raise the image of the ministry.

He said the ministry was playing its role in industrialising the country but needed private partnership to achieve its ultimate.

Restrategising Ghana’s export policy to raise income from export from Gh¢2.4 billion to Gh¢5 billion by 2017, he said was underway.

Mr. Moses Agyeman of the Private Enterprises Federation on his part urged politicians to prioritise industrialisation especially as the political campaign season drew nearer.

By Julius Yao Petetsi         

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