Trade And Industry, Others To Raise Standard Of Goods
By Daily Guide - Daily Guide
Business & Finance | Mon, 09 Nov 2009
Business & Finance | Mon, 09 Nov 2009
Hannah Tetteh, Minister of Trade and Industry
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Hannah Tetteh, the Minister of Trade and Industry on Thursday stated that her outfit was collaborating with the Ghana Standards Board (GSB) and Food and Drugs Board (FDB) to come out with high standard and quality Ghanaian products.
The collaboration, she added, would improve on production levels and encourage both foreign and domestic consumers to patronize Ghanaian products to build consumer confidence in products made in developing countries.
Ms Tetteh disclosed these at a workshop on Investment Selection and Policy in Ghana for investors, members of the parliamentary select committees on Trade & Industry, Energy and other businessmen from all the regions of the country.
The workshop, organized by the Heriot Watt University of Edinburgh, was aimed at educating investors on investment potentials in the country and to find out the challenges that confront the growth of businesses.
Ms Tetteh said the Ministry was also liaising with the Association of Ghana Industries, Ghana Employers Association and Ghana Chamber of Commerce to empower the private sector to become the real engine of growth.
She appealed to international organizations, individuals and corporate bodies that had contributed towards the development of the private sector to tender in their inputs for a comprehensive and acceptable guideline for the industry.
Ms Tetteh noted that the Ghana Investment Promotion Authority would also be empowered to review the Promotion law that would differentiate businesses from ECOWAS member countries and other foreign countries.
She gave the assurance that the amendment would also pave way for the country to implement standardized rules in the exploration of oil in the country.
Ford Kamel, the Deputy Minister for Lands and Natural Resources, noted that the timber industry accounted for about four percent of the Gross Domestic Product (GDP) and 11 percent of national export revenue with average revenue of about $212 million dollars.
“Scale bamboo and rattan plantations, wood panel products and other by-products of wood are some the investment potential in the country,” he added.
Source: Daily Guide - Daily Guide
The collaboration, she added, would improve on production levels and encourage both foreign and domestic consumers to patronize Ghanaian products to build consumer confidence in products made in developing countries.
Ms Tetteh disclosed these at a workshop on Investment Selection and Policy in Ghana for investors, members of the parliamentary select committees on Trade & Industry, Energy and other businessmen from all the regions of the country.
The workshop, organized by the Heriot Watt University of Edinburgh, was aimed at educating investors on investment potentials in the country and to find out the challenges that confront the growth of businesses.
Ms Tetteh said the Ministry was also liaising with the Association of Ghana Industries, Ghana Employers Association and Ghana Chamber of Commerce to empower the private sector to become the real engine of growth.
She appealed to international organizations, individuals and corporate bodies that had contributed towards the development of the private sector to tender in their inputs for a comprehensive and acceptable guideline for the industry.
Ms Tetteh noted that the Ghana Investment Promotion Authority would also be empowered to review the Promotion law that would differentiate businesses from ECOWAS member countries and other foreign countries.
She gave the assurance that the amendment would also pave way for the country to implement standardized rules in the exploration of oil in the country.
Ford Kamel, the Deputy Minister for Lands and Natural Resources, noted that the timber industry accounted for about four percent of the Gross Domestic Product (GDP) and 11 percent of national export revenue with average revenue of about $212 million dollars.
“Scale bamboo and rattan plantations, wood panel products and other by-products of wood are some the investment potential in the country,” he added.
Source: Daily Guide - Daily Guide
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