What is the Presidents Special Initiative (PSI) and how can one invest in the scheme?
• In January 2001, when President John Agyekum Kufuor was sworn in as the President of the Republic of Ghana, he declared the Golden Age of business, with the private sector as the engine of economic growth. Since that declaration, a variety of programs have been initiated, both locally and internationally, to realize the President’s aspiration. Chief among these is the President’s Special Initiatives (PSI). The program mainly aims at promoting special food crops on a national scale. The products for the program were selected in a way that every region and district in the country would benefit from the PSI. Four major products for the program have been covered so far in the PSI. The products are oil palm, industrial cassava starch, salt, garment and textiles. Plans are also underway for the PSI on sorghum, groundnut and cotton to take off. The scheme offers enormous opportunities for investors. The textile/garment sub-sector for instance has been earmarked as a priority one to be suppo
