The Minister for Works and Housing, Hon. Francis Asenso-Boakye (MP) opened the 1st International Concrete Conference with a call on international investors to consider the endless opportunities that are available within the country’s building and construction industries.
The sector Minister reiterated government’s commitment to continue to provide a conducive business climate for such businesses in the industry to thrive.
The event, which was put together by the delegation of German Industry and Commerce in Ghana serves as a meeting point for concrete and precast industry while seeking to promote international best practices in the west African sub-region.
The sector Minister observed the contribution of the construction industry to the country’s economic growth and development, revealing that an estimated 2,500 active building and construction contractors currently operate in the Ghanaian market, with players ranging from indigenous micro-enterprises and individual contractors, to foreign multi-national civil engineering and construction giants
For this reason, Hon. Asenso-Boakye said the dynamics of the construction industry, requires the development of efficient and innovative ways to achieve cost effectiveness.
The sector Minister, however expressed his appreciation at the way Ghanaian construction professionals have embraced the use of precast concrete due to its numerous benefits ranging from its low life cycle cost, reduction of on-site wastes, increase in the rate of speed of construction and quality of work done.
“It is my expectation that our local contractors will adopt modern technologies and innovations regarding the use of precast concrete, while taking advantage of global best practices.” The Minister added.