Emerging technological breakthroughs in fields including artificial intelligence, the Internet of Things, nanotechnology and materials science are accelerating innovation and disrupting industries across the world. Indeed, the Fourth Industrial Revolution (4IR) is creating new ways of catering to societal needs and improving the speed, quality and cost of delivering value. From self-driving cars and automated flight systems to navigation equipment and drones, societies and industries are going through a time of unprecedented technological change.
The land mapping and surveying sector, which serves engineering, infrastructure development and environmental conservation projects, is one such industry that has been transformed in the early days of the 4IR.
We are at an advantageous position being so close to Nigeria. Ghana can learn from the Nigerian experience and also gain from the relationship they have with the Norwegian government. If we want to position ourselves as a serious player despite being so new in the industry, we will need to put in place a strong policy that supports indigenous oil and gas companies. The government must also provide some tax holidays that will pull in investors and build our profile.
Our growth as a company can serve as a blueprint for other local players, as well as a teachable moment for the government. Current and future administrations must always ensure that locals are involved in our natural resources. We intend to add value to the natural resource by eventually building a gas processing plant. Our natural gas will be processed and the by-products will be handed to LPG companies, fertiliser companies, and others. Processing will help us create new industries and improve our economic fortunes greatly.