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Grantees Funded under BUSAC Fund Phase I
Name of Applicant : Suame 'Magazine' dynamic Spare Parts Dealers Association,
Title of Action : Promote development of the informal Suame Industrial Estate
Sector : Business
Geographical Area : Ashanti
Action ID : # 4-016 DSPDA
Action Score : 85%
Total cost of Action : ¢747,340,000.00
BUSAC's % of Total cost : 90%
Self Financed : 10%
Action Duration : 12 months
Support from Outreach Facility : ¢0
Summary of the proposed Action : Need for Action
The problem of a major informal sector lagging behind in terms of policy and development agency recognition and support in areas of economic, management and social welfare services remains a fundamental challenge. In a pledge by the government to support the sector, a master plan was developed of which there is yet to be a definite response from policy makers. The action plan is to draw government and other stakeholders attention to the project as well as the sector's development changes.
Proposed Solution
Government and development agencies redirect policy,recogntion and support the sector as well as facilitating the implementation of the industrial estates development project to address the challenges of management,state-of-the-art technology, social security and provision and access to credit facilities and youth training support.
Implementation Plan
The first major action is to draw the key development stakeholders attention to the plan through a workshop presentation(exhibition of project) and to welcome stakeholder inputs for a review and to solicit support for implementation. TV documentary and profile of the estate would reveal the potential of the sector for multi stakeholder plan implementation facilitation and business joint ventures for recapitalisations and expansion.
Expected Impact
The association has been played an active frontline player in this major informal sector creating platforms to bring to the fore concerns of the industrial estate to publicl domain through get together with sister groups at the associations own expense. The association has employed consultants to support its activities and had a relatively formidable financial base in the sector to draw attention of development stakeholders to the current neglected state of this informal private sector.

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