Minister of Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare
The Minister of Trade, Agribusiness, and Industry, Elizabeth Ofosu-Adjare, has announced the government’s plan to launch a new pharmaceutical manufacturing development policy.
According to her, the initiative will introduce substantial incentives aimed at boosting the local production of essential medicines.
Speaking at the Kwahu Business Forum on Saturday, April 19, 2025, the minister called on pharmaceutical industry stakeholders to take advantage of the opportunity, urging them to expand their operations not only to meet local demand, but also to tap into export markets.
“We are also set to launch the pharmaceutical manufacturing development policy, offering robust incentives to encourage local production of essential medicines. I invite our pharmaceutical stakeholders to see the opportunity and scale up operations for local and export markets,” she said.
In addition, the minister stated that her ministry is finalising a component manufacturing policy to support the automotive industry.
She extended a call to industry partners to explore investments in vehicle component production.
“The ministry is currently finalising a component manufacturing policy to support the automotive sector, with a special call to our industry partners at Abossey Okai, Kokompe, Suame Magazine to consider investment in vehicle component manufacturing,” she added.
SP/AE
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