Rising foreign competition in Ghana’s construction sector sparks concerns

The increasing presence of foreign competitors in Ghana’s construction industry has sparked concerns among industry stakeholders, who fear that local businesses may be overshadowed.

As a result, there are growing calls for stricter enforcement of government regulations to protect local players.

Section 5(1) of the Architects Act 1969 (NLCD 357) mandates the Council to uphold the highest standards in the architecture profession and safeguard the integrity of the industry.

Speaking at the Ghana Institution of Surveyors’ Annual General Meeting in Accra, Charles Amissah Koomson, Managing Architect at Multi-Build Consult Limited, emphasized the need to protect the interests of local businesses.

“The construction industry in Ghana is witnessing an influx of foreign professionals, and while this is something beyond our control, it brings healthy competition to the market,” Koomson stated. “However, we must tighten our regulatory frameworks to ensure that foreign professionals possess the necessary qualifications to practice in the country.”

He also underscored the need to strengthen the capacity of local professionals and explore opportunities to export their expertise to other markets.

Source: CitiNewsRoom