Industries Ask Government To Waive Duties On Imported Generators

Industries Ask Government To Waive Duties On Imported Generators

Business owners and industries have called on government to waive import duties on the importation of heavy duty generators by industrial institutions in the country.

According to Managing Director of Sofaamy Company Limited, a leading indigenous glass and aluminum profiles company, Mr Kofi Somuah, “the indigenous industries in the country contribute a lot to the country’s growth because we pay taxes and most of all; provide employment opportunities for many Ghanaians who also feed their families.”

He further noted that to avoid an abuse of his suggestion, the government could monitor to ensure that those industries that benefit from the package do not abuse the gesture by importing to resell, but are made to use them for their intended purpose.

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“We appreciate as industrialists the challenge the country is facing and we also are aware of the measures being undertaken to bring the situation under control,” he said.

Mr. Somuah opined that the move would reduce the cost of operations as they would be saved the ordeal of having to pay huge import duties which also affects their cost.

He made the call in Accra after he received two special honours from the West Africa Magazine Regional Achievers Awards 2015.

The awards are; Best Company – Glass Distribution and Processing and Best Company – Innovation and Creativity in the Glass Sector.

 

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