Tag: Alan Kyerematen
-
181 projects under 1D1F at various stages of implementation — Trade Minister
Trade and Industry Minister Alan Kyerematen has said the government’s flagship programme, One district, One factory, has so far witnessed about 200 companies that are at various stages of implementation. The projects, Mr. Kyerematen said, cover a spread of 112 districts of the 275 districts in the country. He further explained that the list includes…
-
African countries must adopt innovative financing models to close infrastructure gap – Alan Kyerematen
Ghana’s Minister of Trade and Industry, Alan Kyerematen, has indicated that African countries must adopt innovative financing models to close the infrastructure gap in order to leapfrog to the fourth Industrial Revolution stage. Mr. Kyerematen said this when he participated in a high-level event organised by UNIDO on the sidelines of the 74th United Nations…
-
Trade Minister calls on private sector to do more to reduce high unemployment
Trade and Industry Minister Alan Kyerematen has charged the private sector to employ more persons to reduce the current unemployment situation in the country. He argues that the government can only support by employing some Ghanaians through some policy initiatives but the huge responsibility lies on the private sector. Mr. Kyerematen further encouraged the private…
-
Banking reforms beneficial for industry — Alan Kyerematen
Trade and Industry Minister Alan Kyerematen has described the reforms in the financial sector as a key measure that will help local businesses to be competitive. According to him the move by the Bank of Ghana to collapse some banks has strengthened existing banks and made them well-capitalized to provide the needed financial support for…
-
Trade Ministry tasked to develop program of action for AFCFTA
Trade Minister Alan Kyerematen has said that a national program of action for the implementation of the African Continental Free Trade Area will be ready in the next three months. He revealed this after a three-day stakeholder dialogue conference which was held to develop the right strategies to ensure the success of the AFCFTA. Speaking…
-
Ban on import of vehicles over 10 years old to be implemented- Kyerematen
Trade and Industry Minister Alan Kyerematen says government is ready to implement a ban on the importation of vehicles older than 10 years among other measures as part of efforts to create a competitive automotive industry while protecting Ghanaians from the dangers of old vehicles. He made the comments at the launch of the new…
-
Alan Kyerematen defends incentives and waivers for 1D,1F projects
Minister of Trade and Industry Alan Kyerematen insists government should actually be doing more than it currently is, when it comes to incentives and tax waivers for companies under the One District, One Factory program. This follows the Minority in Parliament’s complaint that the lack of details on the tax waivers and incentives under the…
-
Over 300 proposals on 1 district, 1 factory screened – Alan
Three hundred and twenty-nine (329) proposals for the construction of factories under the 1 district, 1 factory programme have been successfully screened by the Ministry of Trade and Industry. This is according to the Sector Minister, Alan Kyerematen. Answering questions from the Minority in Parliament on how many factories had been established so far, Mr.…
-
Dawa industrial park to create about 600 jobs
At least six hundred persons are expected to be employed at the Industrial Park at Dawa in the Greater Accra region, as part of government’s industrial transformation agenda. The park, which forms part of many to be established across the country, is among others expected to assist factories with the provision of reliable power and…
-
Govt to redirect NIB’s mandate to support industries
Government has announced plans to refocus the operations of the National Investment Bank (NIB) to offer financial assistance to small and medium scale businesses. Trade and Industry Minister, Alan Kyerematen explains this should also grow the businesses to boost Ghana’s industry and increase economic growth. The NIB, which is now considered as a universal bank,…