The Volta/Eastern Regional branches of the Association of Ghana Industries (AGI) is to establish an industrial and business incubation Centre in Ho.

The Centre will train young entrepreneurs to become industrial giants and build the capacity of Small and Medium Scale Enterprises (SMEs) to grow the local economy.

Mr Dela Gadzanku, the Volta/Eastern Regional Chairman-elect of the Association, gave the hint when the new Regional Executive paid a courtesy call on Dr Archibald Yao Letsa, the Volta Regional Minister.

He said the Centre, which would house products of Association members, would be named after the late Madam Esther Ocloo, a renowned industrialist who established the AGI.

Mr Gadzanku said the Centre would hold regular business clinics and investor summits to offer networking and match-making opportunities to young entrepreneurs, especially women.

Dr Letsa commended the Executive for the foresight and pledged the commitment of government to supporting the private sector to transform the economy.

He said the establishment of business incubation centres was in line with the Regional Coordinating Council’s plan of making the Region an investment and tourism destination.

Dr Letsa said the Government’s “One District, One Factory,” was already opening the Region up for investors and had acquired 1,800 acres of land for an industrial park and a housing project.