The Executive Chairman of the Jospong Group of Companies Dr. Joseph Siaw Agyepong says Ghana needs to vigorously pursue programmes and policies aimed at industrialization in order to salvage the economy.
He advocated increased industrialization in order to cut down about 60% of imports and secure a robust and resilient economy.
Dr Siaw Agyepong noted that industrialisation holds the key to Ghana's development. Dr. Agyepong made the comments during an interaction with the Israeli Ambassador to Ghana, H.E. Ami Mehl.
The Israeli Ambassador was a on a familiarization tour of some subsidiary companies of the Jospong Group.
Some of the facilities visited by the Israeli Ambassador included the Vehicle Assembling plant, Zoompak waste transfer station at techie, Yeeco plastics Ghana limited in Tema, Universal Plastic Products and recycling limited, JA plant pool Ghana Limited, Mudor decal treatment plant which is still under construction and the lavender hill among others.
The Israeli Ambassador to Ghana Ami Mehl, commended the management and staff of Zoomlion and Jospong for their contributions to the economy of Ghana.
H.E. Ami Mehl was elated at the company's passion for industrialization and lauded their efforts at recycling and waste management.
He mentioned that Israel today has a lot of technology that can be exported to other countries.
He stressed the importance of industrialization and agriculture saying that with these two a country's development is assured.
The Ambassador indicated Israel’s desire to partner organizations such as Zoomlion for further growth.
"Ghana needs partnership and cooperation and not support, we are therefore happy to be here and when we find the right partners we will share our technologies", He said.
Dr. Joseph Siaw Agyepong highlighted the need for transfer of technology to help build an industrialized economy.
When you do industrialization, you create jobs and control your own money, a country that does not go into industrialization and imports almost everything always goes into recession", he explained.
“What we need now for the economy is to have more industrialization so we can cut off 60-70% of our imports and that is why we are venturing into the manufacture of all sorts of products," Dr Agyepong intimated.
Source: The Finder
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