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May 9, 2013

Ghana has the core elements for investment - Amissah-Arthur


Vice President Kwesi Bekoe Amissah-Arthur on Tuesday repeated the call for investors to make Ghana a preferred investment destination, saying “Ghana has the core elements for investment success.”

He said the attainment of a middle income status, political stability, rule of law, on-going accelerated development of road network and other infrastructure, made Ghana the right place for investment.

Vice President Amissah-Arthur said there are a lot of opportunities in agriculture, the manufacturing and the energy sectors adding that the Ghana Investment Promotion Centre, the Ghana Free Zones Board and other established state institutions, are available to assist and satisfy the needs of investors.

The Vice President repeated the invitation at a meeting with executives of the Abdel Hadi Al-Quathani and Sons Group of Companies, at the 23rd World Economic Forum on Africa, underway in Cape Town, South Africa.

Held on the theme, “Delivering on Africa's Promise,” the Forum is providing a platform for participants to discuss Africa's integration and commitment to a sustainable path of growth and development.

The Vice President said Ghana was ripe for investment with profitable returns assured and urged investors to take advantage of the prevailing condition to invest in the nation’s markets.

Led by Mr Salah Al-Quathani, the Group, which is based in Saudi Arabia, expressed an interest in the agricultural sector saying it was ready to transfer its technology to Ghana.

He said the Group operates in Saudi Arabia and India is also involved in gas exploration, construction of offshore pipelines, water treatment and allied services.

The Vice President had earlier in the day participated in a discussion on achieving financial inclusion.

Source: From Benjamin Mensah, GNA Correspondent in Cape Town, South Africa