Business News of Wednesday, 21 January 2015
Source: citifmonline.com
President John Dramani Mahama has urged German investors to invest in Ghana while assuring them of a massive turnover on their investments.
According to the President, the nation offers huge opportunities in the energy and infrastructural development sectors of the economy for German investors.
President Mahama was addressing an investment forum in Berlin as part of his state visit to Germany.
The President told the gathering of German chief executives of multinational companies that the government through interventions will protect the foreign investments to make their investments beneficial to them, as well as Ghanaians.
“Ghana is ripe for doing business” since Ghana is one of the most peaceful and politically stable countries in Africa, he added.
According to him, the “government has over the years succeeded in laying a solid foundation by implementing policies and programmes that has significantly transformed the landscape of our country and created the enabling environment for the private sector to thrive.”
He assured that government will continue to provide a wide range of incentive packages under the Ghana Investment Promotion Law and the Ghana Free Zone regime to further improve the business environment and promote investment for infrastructural development.
“We are also promoting public-private partnership based on a new law approved by parliament in May 2013. Such partnerships are available for private sector operators to consider as an added advantage in investing in Ghana, especially in the infrastructure sector,” he added.