Growth within the Fisheries Industry through Ghana - Denmark Partnership Pre Travel Seminar 7TH SEPTEMBER 2010, Kolding Purpose of the event in Ghana • Strengthening of Fish Value Chain • Developing Ghana's Private Sector • Establishment of Vibrant and diverse new Partnerships • Alignment of Denmark and Ghana's Private Sector Development Strategy Sub Sector Growth Rate 2008 Actuals 2009 Actuals Difference Agriculture 6.0 6.1 0.1 Crop & Livestock 5.8 8.2 2.4 Cocoa Production & Marketing 5.0 3.5 1.2 Fishing 10.0 -2.3 -12.3 Industry 6.7 1.6 5.1 Mining and Quarrying 2.1 8.6 -5.1 Manufacturing 4.5 -1.3 6.1 Electricity and Water 19.4 7.5 -11.9 Services 9.3 5.9 -3.4 8.9 7.7 -1.8 Finance, Insurance and Real Estate 9.6 8.7 -0.9 Government and Social Services 9.7 6.2 -3.5 Transport & Comunication Why is the sector relevant for Ghana • Marine sector provides highest income in the whole agric economy • Ghana is still not self sufficient in Fish Production • Fish requirement in Ghana far outweighs the supply. • Surplus is made up from fish imports-Loss of revenue to Ghana • Ghana has rich fishing grounds which lacks added value • The Ministry of Agriculture has put emphasis on Fish production • Marine Sector has no barriers to entry, Government is a regulator-law is skewed in the private sector favor Opportunities within the Fish Sector • Production of Fish Feed • Reducing Post harvest losses - establishing cold chain facility • Production of quality fingerlings for aquaculture • Financial services • Education and Training – Technical advisory services • Fish Processing • Marine Fishing SWOT – Fish Sector of Ghana STRENGTHS WEAKNESSES Access to large regional market Government committed to create enabling environment for investors GIPC to facilitate investments Emerging financial sector No firm regulations in place for aquaculture Weak aquaculture advisory services and input supply Politically stable OPPORTUNITIES THREATS Rapidly growing demand higher than production Farm gate price higher than world market price (high demand ) Social and economic conditions improving Large areas of water and land available for aquaculture A number local potential investment partners Potential reduced price for Tilapia if production increase significantly Price drop to international level can be expected Several investors already established and production could expand rapidly Impact of HIV/Aids on workforce DANIDA THE B2B PROGRAMME Danida Danish company Company in a B2B country DANIDA COUNTRIES OBJECTIVE OF THE B2B THE B2B PROGRAMME CONTRIBUTES TO POVERTY REDUCTION BY PROMOTING ECONOMIC AND SOCIAL DEVELOPMENT THE PROGRAMME SEEKS TO PROMOTE BUSINESS DEVELOPMENT THROUGH PARTNERSHIPS B2B PROGRAMME Development Criteria Strengthened competitiveness Increased employment opportunities Improvements of the external environment and the working environment Promotion of other elements of Corporate Social Responsibility (CSR) B2B ELIGIBILITY CRITERIA The business cooperation must: Be commercially viable Be long-term and mutually binding Bring additionality to the project proposal How does the B2B Programme work? Transfer of know-how and technology from Danish companies to companies in developing countries B2B PROGRAMME Contact Phase B2B programme’s share of expenses Study Visit Cultural workshop/ pre-investment meeting Consultancy; company profile, prep. of application Maximum refund 90 % DKK 100,000 90 % DKK 15,000 B2B PROGRAMME Pilot Phase Maximum refund B2B programme’s share of expenses Study 75 % DKK Pilot Project 90 % DKK 1,000,000 Consultancy; Study 90 % DKK 15,000 Consultancy; Pilot Project 90 % DKK 30,000 Total refund in the Pilot Phase: 350,000 DKK 1,000,000 B2B PROGRAMME Project Phase B2B programme’s share of expenses Maximum refund Technical assistance/training Environmental measures CSR activities Costs of establishment Equipment 90 % 90 % 90 % 90 % 25 % DKK 5,000,000 Consultancy, Project Phase 90 % DKK Total refund in the Project Phase: DKK 5,000,000 DKK 250,000 DKK 100,000 DKK 500,000 35,000 DKK 5,000,000 WHAT IS TECHCHANGE? Matchmaking programme in Ghana New contacts – Potential partners Benefits of Participating in the Delegation to Ghana The Delegation provides an opportunity to: • Transfer new technology • Intergrate new technology into existing ones in Ghana (Tropicalising Danish Technology) • Explore new and emerging market for your products • International business exposure • Expand product portfolio • Cultural exchanges within Partnerships B2B projects in Ghana Year Danish Partner Local Partner B2B Support 2007 Emperion A/S NetPlux Limited 4.750.000 2007 Hoier Resources ApS (se evt. Dansk Affald A/S) Golden Falcon limited 4.599.241 2007 Slotsmøllen Boliger A/S Wood Industries Limited 4.674.335 2008 New Sea Fish A/S Nyame Yie Cold Stores Limited 901.466 2009 New Sea Fish A/S Nyame Yie Cold Stores Limited 1.754.118 2008 RDS Aquaculture A/S Palm Acres Limited 9.359.857 2009 Biokube A/S Bioland 3.855.620 The floor is open - questions?