May 10, 2019

GEPA targets $5.3 billion Non Traditional Exports by 2023

The Ghana Export Promotion Authority (GEPA) has set a target of 5.3 billion dollars to  trade  Non-Traditional Exports to foreign markets by 2023.

According to GEPA, the target is realistic as they have put in measures to achieve it.

GEPA seeks to rely on specific initiatives to achieve this objective, one of which is a 10 year cashew development strategic plan.

It has since begun educating farmers to boost yield for export.

In an interview with Citi Business News, Chief Executive Officer of GEPA, Madam Afua Asabea Asare said her outfit is putting in more effort to achieve the set target.

“Was 10 billion and then we looked at it realistically compared to the situation as it has been over the years and as it is now and we thought it was looked at scientifically and it came about that 5.3billion dollars is realistic. Realistic doesn’t mean that it is going to be very easy to achieve. There is a lot of work that we have to do to achieve the 5.3billion.” she said.

Ghana currently exports 70,000 tonnes of cashew each year, sharply contrasting that of Ivory Coast which exports 800,000 tonnes annually.

Last year, GEPA prepared and delivered 15 million suckers of pineapple.

It has also committed 4.2million cedis as funding to the procurement of suckers to pineapple factories in the Eastern Region.

 

 

 

 

 

source:citibusinessnews

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