{"id":318361,"date":"2017-05-11T15:30:18","date_gmt":"2017-05-11T15:30:18","guid":{"rendered":"http:\/\/citifmonline.com\/?p=318361"},"modified":"2017-05-11T15:30:18","modified_gmt":"2017-05-11T15:30:18","slug":"malls-are-a-ready-market-for-made-in-ghana-products-kofi-sekyere","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/05\/malls-are-a-ready-market-for-made-in-ghana-products-kofi-sekyere\/","title":{"rendered":"Malls are a ready market for made-in-Ghana products \u2013 Kofi Sekyere"},"content":{"rendered":"
Mr. Kofi Sekyere, Chairman of Kumasi City Mall, has said it is about time Ghanaians saw shopping malls as potential markets for locally produced and manufactured goods to enable retail shopping facilities to contribute towards the country\u2019s import substitution strategy.<\/p>\n
Mr. Sekyere made this observation when the President, Nana Addo Dankwa Akufo-Addo and the Asantehene, Otumfuo Osei Tutu II, jointly commissioned the US$95 million Kumasi City Mall in the Ashanti Regional capital Wednesday.<\/p>\n
\u201cIn economic term, these facilities (shopping malls) serve as ready-markets for locally produced and manufactured goods and can therefore contribute substantially towards our country\u2019s import substitution strategy,\u201d Mr. Sekyere said in his welcome address.<\/p>\n
<\/a><\/p>\n Citing the wide range of agricultural produce stocked by the malls as ready markets waiting to be exploited, Mr. Sekyere urged local farmers, entrepreneurs and the entire business community to begin positioning themselves to take advantage of the many opportunities the advent of malls have brought.<\/p>\n He said Ghana\u2019s import bill could be reduced considerably if even half of the produce offered in the various malls were supplied locally, stressing that the availability of such markets can be a major boost to the government\u2019s innovative One-District -One-Factory agenda.<\/p>\n <\/a><\/p>\n \u201cIt is my vision that, with time, our malls will be majority populated by local businesses and stocked with Ghanaian manufactured products. I\u2019m convinced that this small private investment could be the beginning of the revival of Kumasi\u2019s and indeed Ghana\u2019s manufacturing base, especially as the number of malls increase over time.<\/p>\n The President, Nana Addo Dankwa Akufo-Addo re-echoed the same sentiments as he decried the tendency for supermarkets and malls to trade in imported goods at the expense of locally made products.<\/p>\n