AGI Welcomes Govt Support For Cable Makers
5/12/2012 9:18:24 AM -
The Association of Ghana Industries (AGI) has expressed gratitude to the government for the opportunity created for three local electrical cable manufacturing companies to supply electrical cables and conductors worth about GH¢80 million for the implementation of the Self-Help-Electrification Programme.
The three local companies are Tropical Cable and Conductor Limited, Nexans Kabelmetal Limited and Reroy Cables Limited.
AGI believes the Government’s Poverty Reduction and Growth Agenda is a shared responsibility and Public-Private Partnership is a strategic option for implementing the solutions to national electrification challenges.
The association of industrial concerns said extending electricity to communities outside the urban centres would create an enabling environment for industries to spring up in our rural areas, creating jobs for the beneficiary communities.
“To this end, AGI wishes to commend the Ministry of Energy and for that matter the government for this bold initiative. The instrumental role played by Cabinet, Parliament and the Procurement Authority in the selection process is highly commendable,” the association said in a statement signed by its President, Nana Owusu Afari.
The opportunity comes at a time when the private sector is advocating that government should give the first consideration to Ghanaian businesses in such procurement matters.
The three companies have all previously supplied quality materials to the ministry.
“We believe this approach is in line with the local content policy of the government and will go long way to strengthen the capacity of these local industries to produce not just for Ghana, but also for the entire West African sub-region,” the statement added.
“We strongly recommend that this opportunity be extended to other industrial sectors to maximise local content participation in line with the broader local content objective of the country,” the statement continued.
The Managing Director of Tropical Cable and Conductor Limited, Mr Tony Oteng-Gyasi, has long maintained that the electrification project in Ghana can be used to develop the necessary local industries to fill the supply gaps and eventually reduce the importation of electrical products.
Mr Oteng-Gyasi, who used to deal in imported electrical products, decided about 15 years ago to end his trading business and rather put up a manufacturing plant to roll out electrical cables, conductors and telephone cables, including armoured cables meant for use in the oil and gas industry.