The Parliamentary Committee on Trade, Industry and Tourism has announced plans to champion greater support for the private sector, including the introduction of tax reliefs aimed at enabling businesses to expand their operations and create more job opportunities for the youth.
During a working visit to Zonda Tec Ghana Limited, Chairman of the Committee, Alexander Roosevelt, reaffirmed the government’s commitment to tackling unemployment in the country.
He emphasised that empowering private enterprises is a key strategy to drive job creation and stimulate sustainable economic growth.
“We always support industries that abide by our laws. We also support industries that contribute meaningfully to our GDP, and we respect industries that make sure that a lot of our people are engaged.
“Whatever we do to support you will be in the form of tax reliefs and others, we will be ready to champion the cause on the floor of parliament.
Because we want to encourage companies that are doing well to expand so that they can employ a lot of our people,” he stated.
The Managing Director of Zonda Tec Ghana Limited, Yang Yang, expressed concern over the recent scrapping of tax exemptions, stating that the move is hindering the company’s operations as a vehicle assembly firm.
She called on the government to reconsider such policies to allow local manufacturers to thrive and contribute more meaningfully to Ghana’s industrialisation agenda.
“So, how do we assemble the vehicle without enjoying any policy. Previously, when our goods got to the harbour, we didn’t need to pay any duty on the materials, but now we are paying everything. So, it has greatly hindered our work, and we plead with parliament to pass the bill for us.
