Business News of Friday, 1 December 2017
Vice President Mahamudu Bawumia has said that Ghana is fast becoming the best destination on the African continent for business investment.
According to him, the government, led by President Nana Addo Dankwa Akufo-Addo is putting in place measures that will ensure that the target is realized in a very few years’ time.
The desire for most businesses to invest in Ghana, according to the Vice President, is due to the current political stability and economic growth in Ghana.
“Ghana is going to be in the lead in a few years as far as Africa is concerned. We believe we are going to establish the most business-friendly climate in Africa in Ghana here and we have started work toward that,” Bawumia said.
He made the comment while speaking at the reopening of the Hungarian Embassy in Ghana.
Bawumia said the opening of the Embassy in the country will help forge closer ties between the two countries especially in the area of trade.
“I think it is very important that this embassy is being opened here again. And the kind of program that Nana Akufo-Addo, our president, is initiative and leading shows that the future is very bright and our cooperation is going to be at the technical level of economic, trade and investment level. I daresay that it is going to be a very fruitful cooperation,” Bawumia said.
Meanwhile, Dr. Bawumia has assured foreign investors that their investments in the country are safe.
He said the Akufo-Addo government is looking to empower and partner the private sector to be the engine of growth for the Ghanaian economy, in order to achieve its vision of making Ghana the most business-friendly country on the continent.