The Association of Ghana Industries (AGI) has noted the success of Ghana’s 24-Hour Economy initiative hinges on building a coordinated and integrated value chain system that guarantees markets for producers and ensures smooth flow from farms to factories.
Chief Executive Officer of the Association, Seth Twum-Akwaboah, explained that for the 24-Hour Economy to deliver its intended benefits of job creation and increased productivity, all segments of the production chain from farmers and suppliers to manufacturers and marketers must work seamlessly together.
“If we want the value chains to work, there must be a coordinated and integrated system where farmers are guaranteed a market for their produce. There should be off-takers ready to purchase goods once they are produced. From the farm gate to logistics, every part of the chain must function efficiently and competitively,” he noted.
Speaking at the annual general meeting of the AGI in the middle belt, he noted that competitiveness in pricing and product quality depends heavily on a stable supply of raw materials and efficient logistics networks.
This, he said, will enable industries to produce consistently at lower costs, strengthen export potential, and sustain operations under the 24-hour production model.
Mr. Twum Akwaboah added that AGI has been actively involved in shaping the 24-Hour Economy Policy, contributing industry insights and recommendations that emphasize sustainable business growth and employment creation.
He further stressed that once farmers, logistics providers, and factories are properly linked within the value chain, businesses will not only thrive but also expand employment opportunities across sectors.
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