Page 3 - JULY NEWSLETTER

Continued from page 1 The government, he said, intends to grow the
economy through industrialization with the main
Dr. George Dawson-Ahmoah who read it out in his
welcome address noted the coming together of the target being employment thereby any effort to create
cement manufacturers was in recognition of the enormous more jobs was welcoming. He assured of
value addition that is being created by the companies Government’s support to see the Association grow
making the industry a strategic one in the economic and seized the occasion to urge members to use the
development of Ghana. platform to ensure cement prices are stable.

“All together we have an installed production capacity of Commenting, Chairman of the Association, Mr
about 8.6 million tons per annum and creating over 3,000 Baddharaju noted the objective of coming together as
own and outsourced employees with an average financial an Association was to protect the local cement

contribution of over 500 million Ghana cedis -- direct, industry from unfair trade practices to be able to grow
indirect taxes, port dues etc -- also creating extended and support the economy. He on behalf of members
business offers to various business entrepreneurs,” he of the Governing board pledged their preparedness to
revealed. work together and ensure transparency and focus on
activities that will foster the growth of the industry.
Dr Dawson-Ahmoah further indicated that by the close of
the year an additional manufacturing set up with a total He recounted efforts made by members in 2015 which
capacity of about 1.6 million tonnes is expected making a saw the realization of the Legislative Instrument (LI
total installed capacity of 10.2 million tonnes per annum 2240) for the protection from unfair trade practices
which he argued shows the economic importance of the and urged members to still use the Ghana
cement manufacturing industries. International Trade Commission (GITC Act 926) for the
uncontrolled bagged cement into the country to
He, therefore, called for a united front among the
protect local cement manufacturers.
manufacturers to ensure adequate protection against
unfair trade practices.

The event brought together eminent personalities and top
industry players in the Trade and Cement Industry.

Notable among them included: Mr. Carlos Ahenkorah,
Deputy Minister for Trade and Industry who was the
Special guest; Dr. Yaw Adu-Gyamfi, President of AGI; Prof.
Alex Dodoo, Director General-Ghana Standards Authority;

Mr. Tony Oteng-Gyasi, Past President of AGI and Mr.

Edward B. Ashong-Lartey, Director-Investment Services,

Ghana Investment Promotion Centre (GIPC)

Mr Ahenkorah, Deputy Minister of Trade and Industry in

his inaugural address praised the cement manufacturers
for the union observing that the country is endowed with Some Members of the Association
enormous raw materials as such, any investment that will with the Deputy of Trade and
promote the use of such materials will have the full
Industry
backing of Government.
Source: www.myjoyonline.com

Connect with us:@gredaghananew

To advertise in the next edition

please call 0208118492