The 15th Association of Ghana Industries (AGI) awards will be used as a platform to offer solutions that can help transition the country’s economy from stability to accelerated development.
It will offer solutions on deliberate industrialisation through increased local value addition, competitive manufacturing, affordable and reliable energy, innovation, quality management systems and technology adoption.
The awards will also highlight the need for stronger collaboration between government and the private sector to develop key pillars of the economy for job creation.
The President of the AGI, Kofi Nsiah-Poku, who made this known at the launch of this year’s event in Accra on July 22, stated that while Ghana had made encouraging gains in restoring macroeconomic stability, the country must now leverage that foundation to drive strategic industrialisation.
Strategic industrialisation
Mr Nsiah-Poku said macroeconomic stability should not be viewed as an end in itself but rather as the foundation upon which sustainable economic growth could be built through industrialisation.
He explained that Ghana possessed the natural resources, entrepreneurial talent, youthful workforce and access to the African Continental Free Trade Area (AfCFTA) market needed to become a competitive manufacturing hub.
Quality standards
The Director-General of the Ghana Standards Authority (GSA), Professor George Agyei, said strategic industrialisation could only deliver the desired economic transformation if it was underpinned by quality standards, conformity assessment and a strong quality infrastructure.
He stated that while the country's improving macroeconomic environment was creating opportunities for businesses, local manufacturers must produce goods that consistently met both domestic and international standards to remain competitive.
“Strategic industrialisation is not just about increasing production; it must be supported by quality, standards and conformity assessment to ensure Ghanaian products can compete confidently in regional and global markets," he said.
Prof. Agyei added that the GSA would continue to collaborate with industry to strengthen testing, certification and market surveillance systems to enhance consumer confidence and support the growth of Ghanaian businesses.
The Head of Budget at the Ministry of Trade, Agribusiness and Industry (MoTAI), Michael Opoku, reaffirmed the government's commitment to support industrial growth through policies that promoted value addition, productivity and export competitiveness.
He said the ministry was implementing programmes to strengthen local manufacturing, improve product standards and deepen public-private collaboration to enable Ghanaian industries to expand into regional and international markets.
The AGI Ghana Industry and Quality Awards scheme is organised annually to recognise excellence and innovation displayed by AGI member companies during the year under review.
The 15th edition of the awards ceremony will be held on the theme: “From stability to growth: Strategic industrialisation as the catalyst for economic transformation”.
