Mr Alan Kyeramaten said modern science, technology, and innovation are altering the pace of international trade and economic development
Mr Alan Kyeramaten said modern science, technology, and innovation are altering the pace of international trade and economic development

The Minister for Trade and Industry, Alan Kyerematen, has underscored the fact that the process of globalisation and liberalisation has made the integration of science and technology in the operation of businesses imperative.

The statement was made in his keynote speech read on his behalf by Dr John Hawkins-Asiedu, a Director of the Ministry at the Accra Institute of Technology (AIT) Science, Technology and Innovation Expo (STI EXPO).

 The AIT EXPO is organised in partnership with Industry and Commerce. The exhibits are the output of the research projects of the students of the various schools of the university namely: Advanced School of Systems and Data Studies, School of Advanced Technologies and Engineering Sciences and AIT Business School.

 Mr Kyeramaten said modern science, technology, and innovation are altering the pace of international trade and economic development and has, therefore, become the focus of all countries.

“Science, technology and innovation have indeed become the primary engine of growth and provides the key to unlocking any country’s potential through wealth creation, improvement of the quality of life, real economic growth, and transformation in any society,” the Minister added.

The Minister concluded by congratulating AIT for such an innovative idea of the STI Expo and urged the University to make it a priority to make research findings public for commercialisation.

According to Professor Benjamin Aggrey Ntim of AIT, due to the rapid pace of growth and advancement in technological knowledge and expertise, there was the need to place emphasis on the practical aspects of education with the view to bridging the gap between industry and academia.

 He further said the curricula of AIT do not only include regular classroom teaching and online learning activities but also incorporate site visits to various industries, hydropower plants, rural communities where students observe, learn and try to solve their existing problems. The students are also placed in various industries for training on the job before they qualify to receive their graduation certificates.

The AIT, a leading technology-focus private University;  ranked the top private university in Ghana by Ghana Tertiary Awards,  held its 2019  Edition of the Science, Technology and Innovation Expo (STI Expo)  at the University’s Knowledge City Campus, Kokomlemle, Accra  on Friday, 29th November 2019.

Among the projects exhibited were potable DC refrigerator using a thermoelectric cooler; Automatic door lock-to-activate control switch using conventional device; Blacklisted  reckless driver’s verification system;  Coin based water dispensing machine; An Android Application For Vehicle Maintenance (E-Mechanic); Electronic Registration With Biometric Data; The Impact Of Mergers And Acquisitions On Ghana’s Banking Sector (A Case Study Of UT Bank And Societe General) among other creative innovations.

Source: Adomonline.com | Adom News | Amos Kodwo Mensah Aboroampa kwofie