Government urged to revive local industry for sustainable growth

Mr. Abraham Koomson

The Ghana Federation of Labor (GFL) has called on the government to revive local industries to achieve sustainable wealth for the betterment of the local economy.

“Local industries are essential to achieving a sustainable economic recovery.

“All developed and emerging economies have used industrialization as the main driver of modernization; Ghana cannot develop on the basis of importing basic goods that can be produced locally,” said Mr. Abraham Koomson, General Secretary of the Ghana Federation of Labour.

Mr. Koomson was analyzing the labor front at the 14th Annual Stakeholder Engagement Seminar and Workers Appreciation Day at the Tema Regional Office of the Ghana News Agency.

The GNA Tema Stakeholder Engagement is a deployed platform for state and non-state actors to address national issues and serves as an incentive mechanism to recognize the editorial contribution of journalists to national development in general and the growth and promotion of the Tema GNA as a hub for industrial news.

He noted that empowering local industry would strengthen local trade and create employment opportunities while exports of local products would increase in terms of quality and quantity.

Mr Koomson argued that no country has developed from a ‘buy and sell’ policy because ‘you are destroying your local economy’, adding that ‘no country has ever gotten richer by exporting raw materials without adding value to them and by having a local industry practically at the level of intensive care units.

He however argued that Ghana cannot create jobs without having a strong manufacturing base and an industrialized economy, “if the government really thinks that production will transform the country, then it must revive and harness the resources of the country to stimulate the local economy.

“We can survive through manufacturing industries if there is a conscious effort to stimulate the growth of local industry,” he said.

Mr. Francis Ameyibor, Regional Director of GNA Tema, said the agency has embarked on a process of overhauling its newsgathering operations, which includes training journalists and editors in content production digital news and the acquisition of modern digital equipment to facilitate the rapid transmission of stories from the field.

Mr. Ameyibor said GNA was poised to be the source for information on Ghana’s investment and industrialization dynamics, its economic and tourism potential through story exchanges with its international partners, and Tema serving as a big industrial city, “GNA Tema” would provide new reviews as we advance.

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