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investment and business potential

 The Berekum Municipal abounds in potential natural resources, which comprise timber resources, fertile agricultural lands, mineral and clay deposits, and tourism services. As a result of the rich timber resources, such as Odum, Wawa and Kyenkyen, the district has three main timber firms (saw milling industries).

The industry employs about 10 percent of the active labour force engaged in the manufacturing sector. Products of the firms are for export and local consumption.Woodwork (furniture) has therefore emerged as a potential area of investment to create employment for the youth.

The potential of the soil characteristics of the district reveals that farmlands have prospects for export crops, such as maize, plantain, pepper, ginger, pineapple, mushroom, cashew, sunflower, tomato, black pepper, okro and yam.

The Municipal Assembly, in a attempt to promote investment in the agricultural sector, with the aim of alleviating poverty, has offered a loan of ¢200,000 each to 380 beneficiaries, which amounts to a total of ¢76,000,000.00. Gold deposits are found in the district.

The forest reserves are known to abound in gold deposits.These are mostly found in areas such as Jinijini, Domfete, Ayimom, Koraso, Namasua and Fetentaa. In most cases, however, the mining activities are undertaken on small scale basis (popularly known as galamsey) and are unregistered.

However, in recent times some registered companies have been authorised to undertake prospecting to promote the commercialisation of mining activities in the identified areas. This would not only improve the revenue base of the district but could also serve as the antidote to the high unemployment situation. Moreover, the district is sitting on a large clay deposit.

This is a raw material base for the brick and tile industry. An investment in the brick and tile industry is important for the construction industry. This is expected to improve urban and rural housing, as well as its potential enormous contribution in the area of the manufacture of artifacts and ceramics for export and the domestic markets.



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