Date: 2018-01-15

The Association of Ghana Industries (AGI) has sworn in Dr. Adu Gyamfi at a ceremony at the Labadi  Beach Hotel, Accra to take over the mantle from Mr. James Asare-Adjei as the president of the association.

The investiture cum  dinner was held on the theme: 'Effective Regional Integration for Industrial Development.'

Those who attended  the investiture included representatives of trade associations in the West Africa sub-region such as the Manufacturers Association of Nigeria.

Also in attendance were high profile dignitaries and business executives like the Special Guest of Honour, Alhaji General Abdulsalami Abubakar, a former President of Nigeria, and Mr Traore Kalilou, ECOWAS Commissioner for Industry and Private Sector Promotion.

In a speech based on the theme for the occasion, Dr Adu-Gyamfi said regional integration  was the only means to resolve the unemployment problem in the West Africa sub-region.

He said the current slow pace of co-operation was hurting all economies in the bloc.

He said there was the need for all countries within the sub-region to work together to ensure the benefits of investments and a common big market to facilitate exports.

“The whole region is likely to continue to lose jobs to the Tigers of Asia unless we learn to work together,” he said, adding that there was the need to encourage governments to coordinate industrial policies in the ECOWAS region.

Dr Gyamfi said AGI had plans to work with other manufacturer associations in the sub-region, especially Nigeria, to promote investment, collaboration, training and trade for the benefit of ECOWAS.

He said the AGI would continue to engage stakeholders in its effort to help build the economy and called on the government to lend its full support by creating the enabling business environment through the implementation of the 70 per cent local procurement, and enforcement of business regulations to prevent importation of sub-standard products, among others.  

He pledged his commitment to support the government to successfully implement the 'one district one factory' project.

The keynote address was delivered by Dr Frank Udemba Jacobs, the President of the  Manufacturers Association of Nigeria.

He called on governments in the sub-region not to lose sight of the industrial development agenda for which ECOWAS was set up.

He said there was also the need for governments within the region to wield the necessary political will to reject trade agreements, which would derail the foundation of industrial development within the bloc.

There was also the need to fast-track common standards to ensure products were accepted in other markets.

The other Executive leaders are Mr. Charles Darku, Vice President in charge of Large Scale, Mr. Humphrey Ayim-Darke, Vice President in charge of Small Scale, Mrs. Grace Amey Obeng , Treasurer, Mr. Gopal Vasu, Executive Member, Mr. Ralph Ayittey,  Executive Member and also the regional Executive leaders.