The Government will continue to work with the various stakeholders to support the small and medium enterprise sector, private sector development, industrial development and overall economic growth and job creation.
The government has approved a new Industrial Policy for the country, which focuses on Industrial Production and Distribution, technology and Innovation, The Support Program will be operationalized to drive the implementation of the Industrial Policy.
Further to support industrial Development and Local Industry the Government will work on comprehensive Industrial Development and Competiveness Legislation for the development of local industries through the promotion of domestic content both in terms of human and material resources, and the transfer of technology.
The Government will begin work on the development of a Commodity Exchange to connect the buyers and sellers of locally grown agricultural commodities in an efficient, reliable and transparent manner by making use of innovation, technology and learning from International best practiced from the African Continent and beyond.
The Government will begin development of an Industr5ial salt Estate at Kata in the Volta Region to promote large-scale commercial salt development. This will be in addition to ongoing SME salt development activities that are ongoing with UNICEF and the Global Alliance for Improved nutrition.
The Government will establish an SME Database to provide up to date information on the operations and activities of SME’s in various parts of the country. This is with a view to providing information and developing relevant support services to the SMS Sector. The Government will also commence the implementation of its program to rehabilitate and strengthen six craft village across the country.
The Ghana Standards Board will tighten inspection regime for the inspection of high-risk imported goods to reduce the dumping of substandard goods within the country.
The National Board for Small Scale Industries will organize 2000 tailor made entrepreneurial and technical improvement programs for 60,000 entrepreneurs. It will also support 1,800 MSE’s to improve the packaging and quality of their products. It will establish 10 new Business Advisory Centres in 10 Districts to support MSE development.