| Business 
[ 2016-08-09 ] 

Nana Akufo-Addo, NPP flagbearer Gov’t sleeping on small scale enterprises – Akufo-Addo The 2016 presidential candidate of the New
Patriotic Party, Nana Addo Dankwa Akufo-Addo, says
his government intends following the examples of
advanced economies in the world by ensuring that
Ghana’s economic landscape is dominated by micro
and small scale enterprises.
According to Nana Akufo-Addo, “in the economies
of the United States of America, the European
Union, the United Kingdom, China, Japan, India,
Korea, and South Africa, small and medium scale
enterprises continue to dominate their economic
landscapes”, leading to the creation of millions
of jobs for the citizenry.
Citing the example of Germany, the world’s
fourth largest economy, the NPP flagbearer
explained that “virtually all German businesses
are small to medium-sized industries, adding that
“3.6 million small industries provide more than
60% of all jobs in Germany’s mighty economy.”
“That is a compelling example for us”, he
said, stressing that “we will follow this
example by expanding opportunities for small
businesses in agro-processing, agribusiness, light
manufacturing and industrial activity.”
Nana Akufo-Addo made this known on Monday, August
8, 2016, in Tamale, when he addressed an
extraordinary general meeting of the Association
of Small Scale Industries (ASSI).
Fully aware of the importance to the growth of
Ghana’s economy of small scale business sector,
Nana Akufo-Addo noted that the NPP remains
committed to making a decisive effort to
induatrialise the country.
“You have heard me speak about our policy of
‘1-District-1-Factory’. It is an integral part
of our policy of rapid industrial development. We
have identified over 300 projects across the 216
districts of the country to bring this policy into
fruition. We are going to do it, and, in so doing,
we will give a major boost to the activities of
micro and small scale enterprises in the
country,” said.
He continued, “the 1-District-1-Factory policy
will go hand-in-hand with our resolve to stimulate
private sector investment into a number of
strategic, anchor industries – iron and steel,
cement, bauxite and aluminum, petrochemical
industry, vehicle assembly and the manufacture of
machine parts and equipment.”
This, he stressed, will also open up huge
opportunities for small scale businesses, adding
that “it is this process of rapid
industrialization that will help to create the
hundreds of thousands of jobs needed by the masses
of unemployed Ghanaian youths.”
The NPP flagbearer was accompanied by his running
mate, Alhaji Dr. Mahamudu Bawumia; NPP Northern
Regional Chairman, Daniel Bugri Naabu, and NPP
Northern regional executives; Campaign Sector
Committee Chairperson on Trade and Industry, Alan
Kyerematen; National Women’s Organiser, Otiko
Afisa Djaba; Deputy National Women’s Organiser,
Diana Karikari; Member of Parliament for Ablekuma
Central, Hon. Ursula Owusu Ekuful, amongst others. Source - kasapafmonline.com

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