Local industries to be competitive on int’l market – EXIM Bank
The Board Chairman of the Ghana Export Import (EXIM) Bank, Kwadjo Boateng Gyamfi has revealed that the bank will support local industries to become highly competitive on the international market.
According to him, the country through this will be able to get some foreign exchange to stabilise the local currency, the cedi.
Also, he said, when these local industries are supported to expand and to add value to their products, they will be able to create more jobs for the Ghanaian youth.
Speaking in an interview with Chief Jerry Forson, host of Ghana Yensom on Accra 100.5FM on Wednesday, 2 August, Mr Gyamfi said: “The president has goodwill for this country and so we will do our best to ensure that his vision is achieved.
“We want to support local industries to make them competitive on the international market; we are going to do things differently to change the fortunes of Industry in Ghana.
“The EXIM Bank is to support agriculture and export businesses, and, so, we are a financial institution devoted for agricultural and export businesses.
“We are going to roll out several programmes covering cashew, guava, poultry, pharmaceuticals, palm oil and pineapple. Our main focus is to help create employment, and, so, as we are supporting these areas for job creation.”