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Minister solicits Chinese support for small-scale
industries
Koforidua, Oct. 30, Ghanadot/GNA- Mr Kwadwo Affram Asiedu,
Eastern Regional Minister, has enlisted the support of the
China in building the capacity of Small-Scale Enterprises in
the area to enable them to become sustainable modes of
income generation.
He said, although micro enterprises had the potential of
becoming effective conduits of income generation and
employment, they were nonetheless in need of investment in
key areas such as capacity-building and retooling of
obsolete machinery and asked for Chinese assistance in that
regard.
Making the appeal during a discussion with the Chinese
Ambassador to Ghana, Mr. Yu Wenzhe, in Koforidua, Mr Affram
Asiedu appealed to the envoy to help prop-up the growth of
indigenous businesses in the country as the partly hold the
key to the nation’s economic recovery.
The meeting also dilated on how to enhance Sino-Ghana
relations in the areas of educational and cultural exchanges
and the issue of balance of trade between the two countries,
which is now in favour of China.
Mr. Affram Asiedu said the transfer of appropriate
technology in the textile and garment sectors for instance,
would enhance the effectiveness of local companies to
compete and remain in business against the onslaught of
imitated wax from foreign countries.
The Regional Minister entreated the Chinese Envoy to help
deal with the influx of Chinese goods on the Ghanaian
market, as some of the products tend to kill local
initiatives owing to the superior technical advantage
available to Chinese businessmen.
He mentioned the flood of cheap imitated Kente cloth on the
Ghanaian market, which he said, was ‘killing’ the local
textile market and asked the envoy to do something about it.
Mr Affram Asiedu commended Chinese companies operating in
the region, especially those working on road projects for
the excellent work they have executed so far and called for
the sustenance of economic momentum in those areas.
Responding, Mr Yu gave the assurance that he would use his
duty tour to help deepen the already cordial relationship
between China and Ghana in the areas of education, and
social infrastructure for the mutual benefit of the people
of the two countries.
Mr Yu said although the two nations had accomplished a lot
in the areas of political and cultural exchanges, there was
the need to enhance relations further by ensuring
interaction between business entities of the two nations.
GNA
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