Ghana-German industrial fair and exhibition opens in Accra

The government has launched a comprehensive industrial policy and clear cut industrial support programmes to enhance economic development, Ms Hannah Tetteh, the Minister of Trade and Industry, said on Thursday.

She said the government was implementing measures that would increase industrial production and productivity to add value to commodities.

Mr Nyarko Mensah, Acting Director of Export, said this on behalf of the Minister at the opening of a four-day Ghana European Business in Ghana Trade and Exhibition Fair dubbed “GEREU 2011.”

The theme of the exhibition is “Expanding the Industrial Capacities of West African Companies for Accelerated Development” in Accra.

The fair would provide opportunities for Ghanaian businesses and their counterparts from countries of the European Union to come together and look at the prospects of doing business with each other.

She said the theme for the fair was appropriate especially at the time when the government’s focus was on building a competitive and value addition of the private sector.

“It is therefore gratifying that your theme to a large extent will focus on this aspect of government’s agenda and assist in bringing together businesses that have the potential to make this objective a reality,” she said.

Mr Stephen Antwi, President of Ghanaian-German Economic Association, said the event in its fourth year would continue its tradition of providing a world class platform for foreign companies and those already in the country to showcase products and services to facilitate industrial development and expanding the vast ECOWAS market.

“Industrial players in the region are afforded the opportunity to see at first hand the latest technology innovations that impact on the process of efficiency and productivity,” he said.

Mr Eberhard Schanze, German Ambassador to Ghana, said the German Government had established the Delegation of German Industry and Commerce in Ghana which is promoting Ghanaian businesses in Germany.

He said Ghana was chosen as a sign of confidence for good governance and transparency in an emerging economy.

Areas being exhibited include renewable energy, information communication technology, automobile, oil and gas and the infrastructural sector.

Source: GNA

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