Growth within the Fisheries Industry through Ghana - Denmark Partnership

Pre Travel Seminar7TH 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

Transport & Comunication 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

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

Politically stable

Emerging financial sector

No firm regulations in place for aquaculture

Weak aquaculture advisory services and input supply

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

DanidaDanida

Company in Company in a B2B a B2B

countrycountry

Company in Company in a B2B a B2B

countrycountry

Danish Danish companycompanyDanish Danish

companycompany

DANIDATHE B2B PROGRAMME

DANIDA COUNTRIES

THE B2B PROGRAMME CONTRIBUTES TO POVERTY REDUCTION BY PROMOTING ECONOMIC AND SOCIAL DEVELOPMENT

THE PROGRAMME SEEKS TO PROMOTE BUSINESS DEVELOPMENT THROUGH PARTNERSHIPS

OBJECTIVE OF THE B2B

Strengthened competitiveness

Increased employment opportunities

Improvements of the external environment and the working environment

Promotion of other elements of Corporate Social Responsibility (CSR)

B2B PROGRAMMEDevelopment Criteria

The business cooperation must: Be commercially viable Be long-term and mutually

binding Bring additionality to the

project proposal

B2B ELIGIBILITY CRITERIA

Transfer of know-how and technology from Danish companies to companies in developing countries

How does the B2B Programme work?

B2B PROGRAMMEContact Phase

Maximum refund

DKK 100,000Study Visit Cultural workshop/pre-investment meeting

Consultancy; company profile, prep. of application

B2B programme’s share of expenses

90 %

90 %

DKK 15,000

B2B PROGRAMMEPilot Phase

Consultancy; Study

Pilot Project

B2B programme’s share of expenses

Maximum refund

75 %

90 % DKK 1,000,000

DKK 350,000

Total refund in the Pilot Phase: DKK 1,000,000

90 %

90 %Consultancy; Pilot Project DKK 30,000

DKK 15,000

Study

B2B PROGRAMMEProject Phase

Technical assistance/training

Environmental measures

B2B programme’s share of expenses

Maximum refund

90 %

DKK 5,000,000

Total refund in the Project Phase: DKK 5,000,000

CSR activities

Costs of establishmentEquipment

90 %

90 %

90 %

25 %

DKK 5,000,000

DKK 250,000 DKK 100,000 DKK 500,000

90 %Consultancy, Project Phase DKK 35,000

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

2007Hoier Resources ApS (se evt. Dansk Affald A/S)

Golden Falcon limited

4.599.241

2007Slotsmøllen Boliger A/S

Wood Industries Limited

4.674.335

2008 New Sea Fish A/SNyame Yie Cold Stores Limited

901.466

2009 New Sea Fish A/SNyame Yie Cold Stores Limited

1.754.118

2008 RDS Aquaculture A/SPalm Acres Limited

9.359.857

2009 Biokube A/S Bioland 3.855.620

The floor is open- questions?