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ECONOMICS

MCE welcomes enthusiasm of chiefs towards industrialization

Date Created : 3/22/2018 4:18:10 AM : Story Author : ghanadistricts.com

He said the understanding of the chiefs to release lands for the establishment of factories and enthusiasm shown by the people to receive and welcome investors into the Municipality was heart-warming.

Mr Frimpong said the six paramount chiefs in the area had sincerely received official letters from the assembly requesting them to make lands available for potential investors who had expressed interest in setting up factories.

He said the chiefs had all indicated their willingness to release lands for any investor who may choose to establish businesses in their embrace traditional areas to create jobs for the people.

At the inauguration of the Assembly, which has been upgraded to a Municipality, Mr. Frimpong said the chiefs took turns to repeat their commitment to support the industrialization force, insisting that it would inure to the benefit of their people.

This, he said, will improve the Assembly's mission to transform the Municipality into an industrial center under the One District One Factory Policy.

He disclosed that a Chinese investor was scheduled to visit the Municipality in April to undertake a feasibility study for the establishment of a cocoa processing plant.

Mr Frimpong said the Member of Parliament, Mr Kwaku Asante Boateng, was engaging another investor who had expressed interest in establishing a fertilizer factory in the Municipality.

He said the Assembly would continue to create the right environment to attract more investors to the Municipality, which was capable with several resources.

He charged well-to-do indigenes in the Diaspora to come home and invest to create jobs for their people.