The Savannah Regional Minister, Saeed Muhazu Jibril, has disclosed that the Region has the potential to become a hub for agro-based industries in Northern Ghana and Ghana at large.
In his opening remarks at a forum organized by the Ghana Investment Promotion Center in the Savannah Region, the Regional Minister made this assertion.
“The Savannah region is endowed with immense potential ranging from arable land, minerals, and others. Therefore, harnessing the region’s natural resources, particularly in agriculture, will reduce poverty and create employment to arrest the urban drift of young men and women to other areas of the country. The region also has the potential of becoming a hub for Agro-based industries not only in the Northern part of the country but Ghana as a whole.”
Hon. Saeed Muhazu Jibril
The region has the highest concentration of shea trees in Northern Ghana and probably the country, he stated.
The Minister commended the GIPC for extending the nationwide forum to the Savannah Region and pleaded with business owners in the region to further expand their businesses to take advantage of the program.
Forum to serve as a platform for data compilation
The Director of Investor Services Division for GIPC, Mr. Ashong-Lartey Edward, at the forum said the visit to the region is to get first-hand information on the local content requirements of potential business investments in the area in collaboration with the various assemblies.
“The forum would provide an ideal platform for identifying and compiling domestic data on various projects and identified investment opportunities in the region for onward presentation to potential business investors. The mandate of the GIPC is to promote, coordinate, encourage, and facilitate investment in the Ghanaian economy. This applies to both Ghanaian and foreign-based enterprises.”
Mr. Ashong-Lartey Edward
He explained further that the identified investment opportunities would be profiled and marketed to potential investors and put on the agency’s website to showcase what the region is endowed with.
The Business sensitization forum
The business investment sensitization forum held in Damongo for businesses in the Savannah Region by the Ghana Investment Promotion Centre (GIPC), brought business owners from across all the seven administrative Districts and Municipalities in the Savannah Region together at the conference hall of the Savannah Regional Coordinating Council.
The purpose of the business forum was to enlighten and sensitize business owners in the region on the importance of processing and profiling their businesses to attract investment partners and support from financial institutions. The Ghana Investment Promotion Centre (GIPC) is committed and interested in working with local businesses to attract assistance from viable financial institutions.
The nationwide exercise is the GIPC’s initiative to augment other undertakings to encourage investors to “Grow in Ghana” and “Grow with Ghana”.
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