The members of the National Executive Council (NEC) of Ghana National Chamber of Pharmacy (GNCoP) led by the Chairman Pharm. Harrison Abutiate, yesterday 16th February 2022 visited the Pharmaceutical Enclave located at the Dawa Industrial Zone.
The objective of the meeting was to apprise them of the progress of work that is ongoing at the Enclave. Members were impressed with the state of the ongoing drainage systems, establishment of 132 MVA power substation, fast-speed fiber optic communication system, and the road network linking to and within the Enclave.
So far 15 Pharma Companies at their various preparatory stages have expressed interest in setting up at the enclave, which translates to an estimated investment of over $150m with more than 3,600 full-time direct employment to be created.
Dawa Industrial Zone is an initiative of LMI Holdings (a conglomerate with over $450 million worth of assets as the sole developer of the largest industrial park in Ghana). The project will attract investment in manufacturing medicines, packaging, and establishment of Laboratory services.
The Vision of the Ghana National Chamber of Pharmacy is to make the pharma Enclave a preferred hub for Pharmaceutical, Chemical, manufacturing, and services with world-class infrastructure and environmental management. Ghana National Chamber of Pharmacy (GNCoP) shall endeavor to provide cutting-edge community, and pharmaceutical infrastructure to make members globally competitive and focus on their core competence.
Ghana National Chamber of Pharmacy (GNCoP) is facilitating the establishment of a Special Purpose Vehicle (SPV) for water treatment, Laboratory services, warehouse & logistics management, and utilities for the Enclave.
Meanwhile with the support of the Foreign, Commonwealth & Development Office (FCDO), Ghana, a consultant was engaged, and a report has been submitted on the investment opportunities and Legal structure of the Special Purpose Vehicle for the proposed pharmaceutical Enclave.
Ghana Pharma Market size in 2020 was $616 million expected to increase to $683.03 million by the end of 2022 with a growth rate of 5.3% per annum.
GNCoP urges the government to support a pharma policy and an incentive package, especially for those companies setting up at the DAWA enclave that will ensure access to essential medicines for everybody, quality assurance for all drugs on the market, a functioning and efficient supply chain as well as rational use of medicines by professionals and patients.
Kojo Aduhene is the Chairman and Chief Executive Officer of LMI Holdings with 27 years’ post qualification experience in the construction industry. He holds a B.Sc. Degree in Civil Engineering from Leeds University. After his University education, he worked on a number of prestigious projects in the UK, including the Channel Tunnel, which links mainland UK to continental Europe and the Docklands, a hugely successful urban rejuvenation development.
He returned to Ghana in 1992 to set up his own company, John Murphy Construction, which has developed into what can arguably be described as one of the largest Civil Engineering, Property and Utility Conglomerates in Ghana- LMI Holdings.
His passion is teaching and his driving ambition is to make AFRICA RISING a reality
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Mr Albert Essien is a retired banker and the former Chief Executive Officer of Ecobank Transnational Incorporated (ETI) where he spent 25 years rising through the ranks to become Group CEO in March 2014.
Prior to becoming Group CEO, Mr Essien served as Deputy CEO and Executive Director for Corporate and Investment Banking for 2 years. Mr Essien had previously led ETIs operations in Anglophone West Africa (excluding Nigeria), Eastern and Southern Africa. He is widely credited with the growth of the Ecobank brand in these markets.
Mr Essien started his banking career in 1986 with the National Investment Bank (NIB) in Accra, Ghana and joined the Corporate Banking Department of Ecobank Ghana in 1990.
Albert Essien holds a degree in Economics from the University of Ghana and is an alumnus of the Executive Development Programme of INSEAD (France/Singapore).
He is also an honorary fellow of the Chartered Institute of Bankers, Ghana. Mr. Essien joined the LMI Board in May 2012
Mr. Justice Kusi-Minkah Premo is a lawyer by profession and is the Founder and Chief Executive Officer of Minkah-Premo & Co. (Legal Practitioners). He was called to the Ghana Bar in April 1984 and is a member of the Ghana Bar Association.
He has previously served as the Former Vice President of the Ashanti Region branch of the Ghana Bar Association, the Former National Vice President of the Ghana Bar Association, the Former member of the General Legal Council (Body responsible for training, certification and discipline of lawyers in Ghana), the Former member of the Advisory Board of Ministry of Justice and Attorney General’s Dept and as a Former Senior Lecturer of the Ghana School of Law.
Currently he is serving on the boards of Minkah Premo & Co, UT Holdings Ltd., UT Life Ltd. and the Ghana Police Council.
He holds an LLB (1981) from the University of Ghana, a BL (1984) from the Ghana School of Law and an LLM (2005) from the University of Ghana.
Mr. Justice Kusi-Minkah Premo joined the LMI Board on 1st January, 2016.
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