The district virtually has no industries since most of the agricultural produce is not processed from their raw state into a secondary product or final output. All the produce is either consumed locally (foodstuffs) or transported to the ports at Takoradi or Tema for shipment abroad (cocoa).
There are about Twenty (20) licensed cocoa buying companies operating in the district. Some of them include; Produce Buying Company Limited (PBC), Armajaro Limited, OLAM Ghana Limited, Adwumapa Buyers, KuapaKokoo, Federated Commodities, Transroyal Ghana Limited and Royal Commodities Limited.
Akpeteshie (a local gin) distillation is another important agro-based activity. However, it is produced on a small scale
Trade and Commerce
The Suaman district is a very busy commercial Centre due to its proximity to the republic of La Cote D’Ivoire. It serves as the entry and exit point for most imports and exports between the two countries. For instance, Ghana imports hundreds of tons of rice from La Cote D’Ivoire every year through district while La Cote D’Ivoire also imports second hand clothing and spare parts from Ghana.
The district has nine vibrant financial institutions made up of one commercial bank, one rural bank and seven micro finance companies. These financial institutions give credit at affordable rates to their clients to expand their businesses. There are four market centres in the District. These are Dadieso (main market), Kwasuo, Karlo and Antokrom. Items traded in these markets include merchandise of business men and women from Kumasi and Sekondi-Takoradi in addition to those imported from La Cote D’Ivoire.
There are about sixty commercial vehicles and one hundred (100) motor tricycles operating in the district on commercial basis.
Smuggling of fuel products and Agro inputs to La Cote D’Ivoire has been identified to be one of the challenges faced by the District Assembly. Custom and Immigration officers along the borders are doing their best to check smuggling. An anti-smuggling taskforce has been formed to augment the efforts of the Custom and Immigration officers in this regard.
Date Created : 11/18/2017 12:31:17 PM