Ghana to hold ECOWAS Industrial Summit in July

  • Posted on: 4 July 2016
  • By: MOTIMod

Ghana would hold the maiden the ECOWAS Industrial Summit on July 21, 2016, to bring together stakeholders to deliberate the Sub-region's industrial development to enhance the socio-economic wellbeing of citizens. The summit is also critical for the future of Ghana’s development.

 

Already, invitations have been extended to ECOWAS ministers and industrialists, as well as potential investors outside the Sub-region in Africa, and in Europe, Asia and the United States, to participate in the Summit.

 

In view of the importance of the Summit, invitations have also been extended to key personalities such as the Director General of the United Nations Industrial Development Organisation (UNIDO) and the President of the African Development Bank. These two institutions play critical roles in the industrialisation of Africa, especially in the agro sector.

The one-day summit would be held at the Accra International Conference Centre with President John Dramani Mahama as the Guest of Honour.

 

A meeting of African Free Zones Association to deliberate on the utlisation of free zones to improve Africa’s competitive and manufacturing proficiency, among other issues, would precede the Summit.

 

The Summit would immediately be followed by the Ghana-China Investment Forum, which would look at investment opportunities in Ghana for China.  China has over the years made a name for itself on the global scale as an export-oriented industrial nation and was now looking to relocate some of its factories to other parts of the world, including South East Asia and Africa because of the rising costs of labour in China.

 

By relocating to Ghana, it will make it much more economical for the Chinese manufacturers to ship their equipment to Africa to process goods to supply the West African Sub-region.  Ghana has received a number of requests from China, and the forum will be used to inform the Chinese business community that Ghana is ready to become the hub for the West African Sub-region for industrialisation purposes.

 

We however invite the private sector and businesses in Ghana to partner the Ministry of Trade and Industry to host the summit since the business community will immensely benefit from a vibrant industry and increased investment.

Among the topics to be discussed are:

 

           FINANCE AND INVESTMENT; creating a unique model for industrial financing;

 

           PHARMACEUTICAL INDUSTRY SESSION; the ECOWAS Pharmaceutical Industry Prospects and Challenges;

 

           TEXTILES & GARMENT SESSION; The Textiles and Garment Industry – The Export potential;

 

·         Developing the Automotive Industry in West Africa - the way forward

 

·         Agro-processing-Reducing Post harvest loses and creating jobs in the Sub-region

 

Add new comment