Background

The new economy or knowledge-based economy has changed the resources that are driving national and regional economic prosperity. Resources such as timber, gold, diamond, manganese, although still important, the changing economy is introducing newer, more critical resources. One such new resource is a well developed human capital base. Such a workface promotes innovation and competitiveness in existing in existing industries. It also helps attracts new, higher-wage, knowledge based industries and creates solid foundations for sustainable development. Increasingly, a developed human capital base goes beyond having post-secondary credentials, from vocational certificate’s, bachelor’s and graduate degrees. It also implies a well tooled, trained, competent, skilled and well resourced base that are in a position for enterprise start-ups or enhancing the growth and performance of existing enterprises.

The recent discovery of significant crude oil at Crude 3-points is an unprecedented opportunity for Takoradiman to expedite the transition from old to the new resources. The transition can position Takoradiman to thrive and prosper in the new economy. Human Capital Development, especially by attaining college credentials, is the new natural resource that will determine the economic future of Takoradiman and the nation in the increasingly knowledge-based economy. In the tangible Economy, there are four factors of production. They are knowledge assets (what people know and put into use), collaboration assets (who people interact with to create value), engagement assets (the level of energy and commitment of people), and time quality (how quickly value is created). These are the four key resources from which economic activity and competitive advantage are primarily derived and delivered. From this, the emerging value of human capital becomes clear.


THE VISION

“To transform Takoradiman to become a model of excellence in viable and sustainable development by leveraging on the enhanced human capital base of its people”

There are the need to create a new group of indigenous capitalists-capitalists who will see opportunities at Takoradiman and seize on it to create wealth and prosperity.


PROJECTS

• Setting up of a knowledge management center

  • To provide internet library reference access

  • Center for training and talent development

  • Auditoriums for meetings and conferences

   

• Sustainable Entrepreneurship Projects

  • Setting up value chain linkages to existing enterprises

  • Leveraging on modern IT and other technologies to set up high-tech enterprises

  • Setting up value-addition process to harness the vast raw material base of the region.

  • Setting up global best-in-class service centres.

   

• Providing educational scholarships

  • Brilliant but needy students

  • Vocational skills upgrade program

  • Internships and exchange programs home and abroad

   

• Setting up educational facilities

  • More JHS/SHS

  • A university or University College

   

• Other Social Investment Programs

  • Theme Parks and Heritage Centres

  • Museums

  • Health Care Centres

  • Real Estate Investments

   

• Environmentally Sustainable projects

  • Solar and other sustainable energy uses

  • Conservation project

I am also proud to say that Takoradi was the first choice of the then Colonial Government when they found the need to construct a harbour for the accelerated development of the Gold Coast.  It is unknown to many that Takoradi was divinely orchestrated as a naturally Harbor and also its geographically structure brought with it  .....

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