President John Dramani Mahama has challenged the Ghana Chamber of Commerce and Association of Ghana Industries to ensure they woo entrepreneurs into the manufacturing sector of the economy.
“We should not be a nation of shopkeepers; we should not be a nation of traders. Ghanaian businessmen and entrepreneurs should spread out and into sectors that are considered more risky, but that also gives very good returns instead of just turning our money around in trading goods and merchandise.”
He said his directive to the Electricity Company of Ghana and others to halt importation of electricity inputs such as cables, and transformers as well as his launch recently of the Made in Ghana Campaign, were part of efforts to diversify the economy.
President Mahama Inaugurating the Intelligent Metering and Energy Solutions (IMES) Ghana limited, a meter assembling plant, at Amrahia along the Oyibi-Dodowa road, said Ghana could produce cables, transformers, meters, and other similar products.
He stated that Ghanaian’s reliance on imported products was in essence exporting jobs out of the country to the countries where the goods were imported from, hence called for a concerted action to stop the trend.
President Mahama therefore asked the Chamber of Commerce and the AGI to work together to attract Ghanaian entrepreneurs into manufacturing, while Ghana is positioned as an alternative for investors looking outside China for light manufacturing as was being done in Ethiopia.