The Association of Ghana Industries (AGI), has called for the speedy passage of the local content policy.
The passage they believe will help address what they describe as the imbalances in the construction industry.
The AGI says the local content is urgently needed to increase the opportunities and incentives for local construction firms.
In an interview, the Chairman for the Construction Sector of the AGI, Rockson Dogbegah cautioned that the capacity of Ghanaian construction firms will continue to dwindle if majority of government’s contracts continue to be awarded to foreigners.
“The enforcement of a local content policy, will lead to the development of a production base for construction materials and it will enhance the capacity of Ghanaian companies to enable them to do what foreign companies will normally come and do. It will give some preference for Ghanaians in terms of public procurement and all related developments”.
“We believe strongly that Ghanaians must be empowered to be able to offer their services properly. So the AGI’s construction sector with support from BUSAC, has been advocating for this empowerment through the development of a local content policy and will continue to do so. We understand the law is currently being developed and consultations are ongoing.”