The Western Regional Minister, Mr Kwabena Okyere Darko-Mensah has reaffirmed the Government’s commitment to offering the required support to the private sector in the business landscape to shape the economy.
He said the Government has resolved to support businesses despite economic gains being eroded by the Russian – Ukraine war, adding that the Government would continue to grant tax incentives to the private sector.
Mr Darko-Mensah who was speaking at the third edition of the Western Regional Business Awards ceremony in Takoradi also charged businesses not to fail the nation despite the challenges faced by the country within an increasingly global environment.
He, however, lauded the entrepreneurial skills of businesses in the country which culminated in a significant role and effort in manufacturing Personal Protective Equipment (PPEs) during the outbreak of the COVID-19 pandemic.
The Minister observed that, as a result, several businesses benefitted from the COVID-19 Fund dubbed, the “Obatanpa Fund” which was introduced by the Government to cushion business entities.
He opined that the Western Regional Coordinating Council (WRCC), therefore, continues to encourage entrepreneurs to be more enterprising in a bid to create employment for the youth in their localities and assured businesses in the Region of the WRCC’s resolve to create a level playing field to enable businesses to thrive.
He further reiterated the need for the youth with entrepreneurial skills to venture into businesses and take advantage of the government’s financial assistance under the “YouStart” initiative.
He also invited all the members of the business community in Ghana and the world at large to invest in the Region and charged Metropolitan, Municipal and District Assemblies (MMDAs) in the region to offer local support to businesses as cooperation for growth.
Mr Darko-Mensah further mentioned some major developmental projects going on in the Region such as the redevelopment of the Takoradi Market Circle and the construction of the Kwame Nkrumah Roundabout Interchange in Takoradi, the reconstruction of the Apemanim – Tarkwa road and Manso – Nsuta road in the Tarkwa Nsuaem Municipality (TNMA).
On Education, he divulged that the Free Senior High School (SHS) policy has been a big change with about 63,000 school children enjoying the program in the region.
More than 40 companies which contributed immensely to the economy were given plaques for their excellence in the third edition of the awards.