Investment : Agona West

Published on 2015-08-19

Investment : Cocoa

The Agona District is comparatively well developed, when placed against the entire Central Region, with comparatively well developed infrastructure and utility services. Most of the land area is under agricultural cultivation. The soil fertility is very high, with the potential to support the cultivation of tree crops, food crops, vegetables and sugarcane.

Plantation development is on the increase in the district and tree crops, such as cocoa, citrus, oil palm, and cola, are those under this farming type. Food crops like maize, cassava, cocoyam and vegetables also abound and the district supplies the Kasoa and Bawjiase markets, and even as far as Accra.

The district has potential in the cultivation of non-traditional crops and this has encouraged farmers to go into the production of such crops. These include citronella, black pepper and pineapples. Some of these products are being profitably exported. As a typically agrarian economy, agriculture employs the largest proportion of the labour force, accounting for 61.9%.

This is followed by wholesale and retail trading, hotels and small scale manufacturing enterprises. The district cannot yet boast of a major industrial concern, whether public or private, despite the huge opportunities available. Both human and natural resources are in abundance, and these combined with the presence of electricity, telecommunications and a good road network, creates a very good environment for private sector manufacturing.

Indeed the Agona District Assembly is actively implementing policies and a programme aimed at attracting such enterprises and is willing to provide every possible assistance to investors interested in setting up there. In addition to all this, the district has several tourist attractions which are still awaiting development by astute private investors.

One is the traditional festival of the people, called the Akwambo Festival. Each town normally celebrates it on a different day of the year but they all celebrate it between the months of August and September of every year. Another potential tourist attraction is the confluence of the Akora and Ayensu rivers at Domoki. The river Ayensu’s nine tributaries at Agona Mankrong are also of interest to tourists.

The Swedru Akora beach is a prime opportunity for investors to make revenues from tourists.Other places of interest include Nana Ntrikyiwa at Kwaman, which is the river god of Agona Kwaman and also the Dancing Alligator in River Piprah at Agona Abodom. All these add up to great potential in agriculture, industry, commerce and tourism. The Agona District Assembly is determined to continue its efforts to see this potential developed by private enterprise.

Economic Potentials
The ADA has a lot of economic potentials in the form of both natural and man made as displayed in Table 6 in pdf file. The most spectacular is the presence of markets in most major towns to promote trade and commerce. The district produces large quantities of cassava, maize, plantain, cocoyam and vegetables. Cocoa, palm oil and coffee are also produced. Granite for the production of quarry stone for all types of construction abound. Mining of sand occurs in several parts of the district, particularly, Swedru. Palm kernel oil is processed into local soap in several of the large communities. Distillation of local gin is predominant in the Duakwa and Nsaba areas.

Swedru is home to a number of hotels of international status where workshops and conferences are held. There are important second cycle educational institutions. The district is well served by major trunk roads and health facilities.