Government will fast-track establishment of Suame Magazine Industrial Development Organization – Vice President

John Mahama - Vice President

Vice President John Dramani Mahama on Wednesday gave the assurance that government would collaborate with all the major stakeholders to fast-track the establishment of the Suame Magazine Industrial Development Organization (SMIDO) in Kumasi.

“Government is committed to supporting Small and Medium Enterprises (SMEs) and will therefore bring on board all the necessary interventions that will ensure their development throughout the country,” he said.

Vice President Mahama gave the assurance when the Executive Council members of SMIDO called on him at the Castle, Osu.

The group was at the Castle to thank government for establishing an Information, Communication and Technology (ICT) centre at Suame and to appeal to government to expedite action on the construction of SMIDO to become the motor industrial hub of West Africa.

Vice President Mahama said apart from negotiating with the Lands Commission to facilitate the acquisition process, government would also collaborate with the Ministry of Finance to adopt a credit line that would help to construct the village.

He said he would also link up with the Chief of Staff to find ways of procuring a four-wheel vehicle for the executives to help ensure the smooth coordination of their activities.

Mr Asamoah Amankwa, President of SMIDO, said with the support of chiefs in the area, his outfit had acquired a 500-hectare land for the project to serve as the ‘engineering hub’ of the West African sub-region.

He commended government for the construction of an ICT centre and adding “We at SMIDO have the confidence that you will use your good offices to ensure a successful industrial village for Kumasi, and Ghana for that matter.”

Source: GNA

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