PRESIDENT: GHANA RESOLVED TO DEVELOP PHARMACEUTICAL INDUSTRY

ACCRA– President Nana Addo Dankwa Akufo-Addo has voiced the government’s resolve to develop Ghana’s pharmaceutical industry into a world class manufacturing sector.

The government is aiming at 60 per cent local production of needed medicines when interventions such as flexible long-term loan facilities and “unhindered access” to markets in the West African sub-region are in place, he said Friday.

An industrial park to competitively develop the sector up to international standards is being considered while the Ministry of Health has been directed to procure locally made pharmaceutical products, he said in a speech read on his behalf by Vice-President Dr Alhaji Mahamudu Bawumia at the 83rd Annual General Meeting of the Pharmaceutical Society of Ghana (PSGH) in Ho, the capital of Volta Region (Province), about 190 kilometres northeast of here.

President Akufo-Addo said the country’s pharmaceutical potentials were huge and could help develop a leading market in West Africa.

“With the right pharmaceutical ecosystem, we can attract many research based pharma companies around the world which are looking to establish plants in Africa. These would help create employment for many, and also help deepen our research skills and capabilities as a people and change the nature of our economy significantly,” he stated.

Source: NAM NEWS NETWORK

   

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