Nana
Owusu Peasa II, Chief of Adubinsokese, would lead efforts at mobilizing
political and traditional leadership support for the adoption of the
SMIDO-Otumfuo Industrial Center project.
He
is custodian of the one thousand acre land in the Afigya-Kwabre District of
Ashanti being earmarked for the new industrial complex to accommodate artisans
in the quest to modern automobile repairs and maintenance.
The
project has the potential to benefit from a multi-donor funding led by the
Danish International Development Agency (DANIDA), said a statement issued by
SMIDO.
“Suame
Magazine is just about one month away from attractive funding from DANIDA for
technical support to transform Suame Magazine into a globally competitive
industrial technology complex”, it said.
He
however says the Organization must first meet some commitments from the central
government and local authorities to facilitate project commencement.
The
trend of Foreign Direct Investment inflows into Ghana for the past four decades
shows that Ashanti region is not within the map of FDI attraction zone.
Acting
SMIDO President, Sarpong Boateng has urged political, economic and traditional
leadership in Ashanti and other parts of the country to rise to the challenge
and adopt the industrial complex project “as the region’s investment gateway
project for economic transformation to sustain and create employment for the
huge mass of artisans in the region”.
Story
by Kofi Adu Domfeh
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