The Managing Director of Servaco PPS, an international procurement and sales company based in Tema, Rudolph Matey, has called on regulatory bodies in the procurement sector to exercise the full force of their supervisory mandate to ensure a level playing field for industry players in the sector.
According to Mr. Martey, there is the need for total compliance of procurement practices particularly when in the execution of local contracts.
Speaking at the commissioning of Servaco’s new office complex in Tema to mark its anniversary, the Managing Director noted that as the company inaugurates its new building; it is pursuing an aggressive marketing drive within West Africa to enhance its business growth.
He said as the company celebrates its 20th anniversary, it looks into the future with high hopes as it positions itself for advantages that have been reserved under the local content policies of the Minerals Commission and the Petroleum Commission.
“Looking forward, the company is being positioned to take advantage of opportunities that have been reserved under the local content policies of the Ghana Minerals Commission and the Petroleum Commission.”
Mr. Martey said as the company looks for new opportunities, it will require the setting up of a manufacturing plant to produce some listed products within the mining sector.
To this end he said “Servaco PPS has currently set up a JV with a south African Engineering company to undertake the business of Engineering maintenance and refurbishment job; hence the acquisition of a large track of land on the Kumasi-Obusai road to set up an ultra-modern workshop.”
Mr. Martey however noted that raising capital in the country to execute projects is a daunting task, and urged the Minerals Commission and the Petroleum Commission to set up a secretariat within their outfits to consider viable projects from local entrepreneurs and assist them by sourcing concessionary loans.
A member of the board of Directors of the company, Madam Clara Ofosu Quaye, who delivered a speech on behalf of the board chairman, Christian Opoku, said Servaco is determined to be a formidable player in the procurement and mining sectors as it offers greater value to its stakeholders.
“As we commemorate our 20th anniversary, the Board of Directors are committed to fulfilling the goals and objectives of Servaco PPS in becoming the leading supplier of quality products and services to companies in Ghana and West Africa.”
The Chief Executive Officer of the Ghana Chamber of Mines, Sulemanu Koney, said the chamber will back the implementation of sustainable initiatives to ensure businesses thrive in the industry.
“It is our expectation that a sustainable mining industry made up of responsible players will transform the livelihood of especially, people living within the mining communities and the general populace.
By: Elvis Washington|citinewsroom.com|Ghana