Boost for local businesses in Ashanti region

March 8, 2017
Source: Kizito CUDJOE/
Boost for local businesses in Ashanti region

Local businesses in the Ashanti region are set to receive a major boost with the introduction of an annual investment fair, which targets among others, to expose and market the rich cultural heritage of the people of Ashanti while also attracting investment for job creation.

The initiative, which is scheduled to begin in 2018, is expected to bring together both local and foreign investors, to explore avenues for investment in the Region to complement government’s effort to implement key manifesto promises like the ‘one district one factory policy.’

This latest announcement, which formed part of the five priority concerns for immediate action, of the Ashanti Regional Minister, Simon Osei Mensah, is expected to improve the local business environment.

Addressing local media in Kumasi, at his maiden press interaction after officially taking office, Mr Osei Mensah explained that he intends to engage the Manhyia Palace, to plan the forum to strategically coincide with the celebration of ‘Adaekese’ or any other festival agreed upon by the Asantehene.

The Minister anticipates that this will help to brand the rich culture of the Region while serving as a major incentive to the local tourism and hospitality industry, similar to what pertains in the East African countries.

Among his other priority initiatives, he disclosed to take on the fight against the disturbing indiscipline and insanitary condition in Kumasi, particularly in the Central Business District of the Region.

He stated that people should be prepared to pay for the filth they consciously make even when there are waste disposal bins closer to them to dispose-of the waste.

He also waged a war on people who develop their structure closer to river bodies and warned to work with the various stakeholders to hold off the creation of slums in the Region at the earliest onset.

The Minister reiterated his commitment to continue with ongoing and abandoned projects in the Region to ensure that it benefits the people. He said the investment on such projects must not go to waste on the basis of politics.

He enumerated on other issues of urgent attention, including the security issues in the Region, for example the Agogo Fulani herdsmen issue among others.