The Western Regional Minister has called on investors to explore the numerous business opportunities available in the Western Region, urging them to consider establishing their industries in the area.
Speaking at the Ghana Industrialization Week ceremony in Accra, the Minister emphasized the region's potential and its strategic role in Ghana's ongoing industrial transformation agenda.
In his speech, the Minister conveyed greetings from the Chiefs and people of the Western Region, noting that it was an honor to be part of the prestigious event.
He highlighted the significance of Ghana Industrialization Week as a moment to reflect on the nation’s industrial progress and reaffirm its commitment to the government’s "One District, One Factory" (IDIF) initiative, a flagship project under the Economic Transformation Agenda aimed at driving industrialization and self-reliance.
"The Economic Transformation Agenda, anchored on industrialization and self-reliance, has provided renewed hope for the people of this country. It became a key policy under the leadership of His Excellencies, the President and Vice President, and it has been instrumental in guiding the country's renewed industrial efforts," the Minister remarked.
The Minister expressed pride in Ghana’s industrial achievements, referring to the "unprecedented" impact the renewed industrial drive has had on the country. He explained that since the first republic, this is the most significant step taken to position Ghana as the industrial hub of West Africa. "We have seen the emergence of new companies, support for struggling ones, and the resuscitation of defunct industries," he added, crediting the government’s policies and leadership for this progress.
Call to Investors
Addressing the business community, the Minister took the opportunity to urge companies that are not yet operating in the Western Region to relocate and take advantage of the region's favorable business climate. “We have perhaps the best environment for businesses, and I encourage companies to consider relocating to the Western Region to discover what we have to offer. My colleague, Hon. Titus Glover, and I are committed to ensuring that investors find the right support for their businesses in our region,” he said.
He emphasized that the Western Regional Coordinating Council (WRCC) has established an Investment Centre to serve as a catalyst for the region’s industrial growth. The center, he said, is designed to support potential investors in navigating the vast opportunities available, particularly in industries such as oil and gas, petrochemicals, agriculture, and manufacturing.
Strategic Importance of the Western Region
The Minister proudly noted the Western Region’s significance to Ghana’s economic fortunes. "The Western Region will continue to play a key role in the country’s industrial drive. We are endowed with vast natural resources and remain one of the largest contributors to Ghana's economy," he stated, adding that the discovery of oil in commercial quantities has further enhanced the region’s industrial potential.
He urged industry players to fully explore the petrochemical sector and other emerging industries to create jobs and wealth for the people of the region.
As he concluded his address, the Minister expressed his gratitude to all stakeholders, including industry players, financial institutions, academia, and others who have supported Ghana’s industrialization agenda. He congratulated them on their efforts and encouraged continued collaboration to drive the country's economic transformation forward.
“Journey to the West, where the best is,” he concluded, urging more businesses to discover the opportunities that await them in the Western Region.
With Ghana's industrial ambitions set on a firm trajectory, the Western Region is positioning itself as a critical player in the nation’s drive for economic transformation, welcoming investors from all sectors to be part of its growth story.