Business News of Tuesday, 4 July 2017
THE US Ambassador to Ghana, Mr Robert P. Jackson, says he is sure of Ghana’s private sector growing to become the backbone of the country’s economy.
He said the American and Ghanaian private sectors are driving forces that can and will cast vision, transform economies, create jobs, and ultimately strengthen the bilateral relationship between the two countries.
Mr Jackson made this comment during the celebration of the US’s 241st Independence Anniversary in Accra last week.
He said the USA would continue to invest in developmental programmes in Ghana because whatever they invest in, they see positive results which are good for nation building.
“I see how that investment makes us stronger partners for the future. We invest in agricultural programmes because food security promotes national security.
“We invest in reading programmes because educated children become forward-thinking adults and future leaders. We are investing in the energy sector because none of this can happen without reliable, affordable power.
“Power is critical to Ghana’s economic success and industrialisation. And let me say that I truly believe that — 60 years from now — decades after it has been transformed through Millennium Challenge Compact II, ECG will be a profitable, functional entity that supplies Ghana with the power it needs to participate fully in the global economy and the global community, from Flagstaff House out to the farthest, most rural, electrified community,” he declared.
Ambassador Jackson also commended the Ghana Armed Forces saying “Ghana’s military repeatedly ranks as one of the country’s most respected institutions. Ghana is hailed for its contributions to international peacekeeping missions — personnel who capably and professionally carry out the important job of protecting the
He also applauded staff of the embassy and also thanked the American businesses that contributed to the success of the event.
“I am equally proud of the great contributions American companies are making here in Ghana every day. American businesses work collaboratively with our Ghanaian counterparts, bringing together the best aspects of our business cultures,” the Ambassador mentioned.
The event was graced by Ministers and Deputy Ministers of State, including Finance Minister, Ken Ofori-Atta.