May 30, 2022

Priority Sectors

The Ministry maintains close working relations with the Private Sector through the following institutions:

  • Agriculture & Agro-Processing – Provision of agricultural inputs such as improved seeds and agrochemicals including fertilizers, pesticides and herbicides. Veterinary drugs, vaccines and chemicals; animal feed and feed ingredients are also required.
  • Cotton & Textiles – Ghana has a reputation for producing high quality, traditionally designed printed cloth. The widely celebrated Kente cloth of the Ashanti and Ewe people are hand-woven and brightly coloured with traditional symbols and design.
  • Food Processing – Investment opportunities exist for producers and processing companies.
  • Forestry – Incentives to the sector may apply under the following provisions; There is custom duty exemption for agricultural, and industrial plant, machinery and equipment imported for investment purpose. etc.
  • Health – Investment opportunities available in the health sector are in; Hospitals and clinics, Health Centers, Maternity Homes, Laboratories, Chemical shops etc.
  • Horticulture – The following are the investment opportunities in the horticulture industry in Ghana; Production :Investment opportunities are available for companies/factories to produce horticultural products for the local and international markets, especially to European markets.
  • Mineral Processing – Emphasis on investment promotion has been a major objective of the industry with a shift to a comprehensive vision that facilitates greater exploitation of Ghana’s industrial minerals. etc
  • Oil & Gas – Due to the emerging nature of the industry, opportunities exist in virtually every area of the petroleum industry, both upstream and downstream. etc.
  • Tourism – The increasing number of tourists and the evolving profile of today’s traveler demand a host of new tourism offering and infrastructure projects. A wide spectrum of investment opportunities arise out of Ghana’s long-term tourism plans.
  • Utility – The water supply and sanitation infrastructure is insufficient, especially in rural areas. Major investments are needed to extend coverage as well as rehabilitate and maintain existing infrastructure.
Read More
November 4, 2021

Seven-member Governing Body of the Ghana Heavy Equipment Ltd (GHEL) sworn-in

The Trade and Industry Minister has also sworn-in the seven-member Governing Body of the Ghana Heavy Equipment Ltd (GHEL). The Company has the sole mission of providing reliable machinery and equipment and excellent after-sales service to all sectors of the economy particularly the agricultural and industrial sectors. However, due to several challenges, the Company has not been able to achieve this mission. The Minister therefore tasked the Members of the Board to embark on the arduous journey to revive this important enterprise to enable it play its key role in supporting the economic transformation of the country.

He said achieving the task would require them to be innovative, comply with good corporate governance practices, explore ways of capitalizing the enterprise and most importantly ensure that they take advantage of opportunities presented by government flagship programmes such as the One District One Factory (1D1F), Planting for Foods and Jobs and the Strategic Anchor Industries. The Minister suggested that the Board could, for example, focus on the supply of the requisite industrial machinery that is fit for purpose, eco-friendly, and energy efficient and suited for our climatic conditions to companies such as those operating under the 1D1F programme. He also advised them to take advantage of the Automotive Development Policy to nurture partnerships for component manufacturing as another way of diversifying their portfolio to revive the company.

The Board is chaired by Hon Ridwan Abass and the members include Mr. Yaw Ntow Ababio (Chief Executive of the Company) as well as Dr. Dickson Adomako Kissi. The rest are Mr. Robert Bediako Asare, Hon Alex Blankson, Chief Alidu Abubakari and Mr. Prince Opoku Edusei.

Read More