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Business News of Thursday, 29 August 2024

Source: starrfm.com.gh

Mahama pledges to make Amasaman an industrial zone

John Mahama, NDC's Flagbearer John Mahama, NDC's Flagbearer

As part of his 24-hour economy initiative, the 2024 Presidential Candidate of the National Democratic Congress (NDC), John Mahama says the next government under his leadership will move industrialisation to Amasaman outside Accra to accelerate development in the area.

Speaking at a rally in the Amasaman area, the former president said it was high time factories moved away from Tema, the hotbed of industrialisation, and explored other areas.

This he explained, would boost employment in the communities in which the factories would be sited.

“When anyone wants to build a factory, they go to Tema. When the NDC comes into office we will properly structure this place so when anyone wants to build a factory, they could come to this stretch and put one up.

“We will designate this place from Amasaman to Suhum as an industrial zone. Anyone who wants to build a factory should come and establish it here. When they come and build here, those factories will be registered under the 24-hour economy policy,” Mahama assured.

The former president said that, under the initiative, businesses are going to enjoy tax cuts in order to expand and employ more young people.