By Mildred Siabi-Mensah
Takoradi, July 15, GNA – Mr. Stephan Miezah, the National President of the Ghana Chamber of Commerce and Industry, (GNCCI) has tasked the government to ensure the availability of electricity and water to propel the vision of a thriving all day-long economic activities.
He also believed that security of businesses, low interest rates, forex controls and capital injection for budding businesses in particular for sustainable economic development, employment opportunities and empowerment of the citizenry must be high on the agenda.
The GNCCI President told the Ghana News Agency in an interview that the Policy to drive a 24-hour economy was very good if handled in line with all logistical requirements.
Mr. Miezah said the government must identify youth and women-led businesses in particular and retool them to effectively take part in the new business model to ensure that youth unemployment and marginalisation of women became a thing of the past.
According to the GNCCI President, the 24-hour Economy as practiced in Dubai was solely centered on services while, China’s model was on industrial growth…from the way we are seeing things, Ghana is going into Agriculture and is very good because we have the land and climate for it.
He said that with the right investment the Mahama led Vision of a 24-hour economy could be a game changer in the quest for economic prosperity.
The 24-hour economy mainly anchored on Mahama’s overarching vision to create
sustainable jobs for Ghanaians to be achieved through his agenda to modernize
and mechanize agriculture.
Provide incentives for the private sector to thrive; promote agro-processing and manufacturing; transform Ghana into an import substitution and export-
led economy, among others.
The 24-hour economy policy would be a major boost for John Mahama’s import substitution and export drive to stabilize the national currency, improve reserves, bring down inflation and interest rates.
The Policy may create more employment opportunities and improve upon livelihoods.
GNA
Edited by Justina Paaga/Christian Akorlie