ACCRA [url=http://www.cheapnuggetsshop.com/Jamal-Murray/]Cheap Jamal Murray Shirt[/url] , Aug. 14 (Xinhua) -- Ghanaian President Nana Addo DankwaAkufo-Addo on Monday outlined 10 pillars aimed at transforming thecountry's industrial sector.

The initiatives include building the competitiveness of existinglocal industries by facilitating access to medium to long-termfinances at low interest rates; introducing strategic anchorindustrial initiatives which will create new growth poles for theGhanaian economy, and establishing at least one industrial park andspecial economic zone in each of the 10 regions.

Speaking at the second national policy summit in Accra,Akufo-Addo said these policy initiatives and programs would becomplemented by other policy interventions across government toleverage optimal support to the development of the private sectorand create job opportunities for the youth.

He said the government's agenda for economic growth and jobcreation was underpinned by program of rapid and aggressiveindustrialization and value addition, especially in agro-processingand vibrant manufacturing.

The Minister of Trade and Industry, Alan Kwadwo Kyerematen [url=http://www.cheapnuggetsshop.com/Malik-Beasley/]Cheap Malik Beasley Shirt[/url] , saidGhana was learning from the Chinese experience to drive itsindustrial transformation agenda.

Speaking to the investor community, Kyeremateng said thegovernment was using policy as an instrument for change, asituation he said was employed by Chinese leaders some 30 years agoto turn the fortunes of the country around.

""First was the policy to open up to foreign investments toinvest in China and secondly also not to rely on the domesticmarket of China but to take advantage of the export market. Twomajor policies have made China now an economic power. We in Ghanawould like to use policies as instruments of transforming oureconomy,"" he said.

The two-day Summit is under the theme of The IndustrialTransformation of Ghana, and is expected to help government elicitfeedback to enhance further policy development.

It assembled captains of industries and other stakeholders toexamine critically the government's industrial transformationagenda. Enditem

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