{"id":61698,"date":"2023-04-27T11:37:16","date_gmt":"2023-04-27T11:37:16","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/04\/27\/bawumia-woos-investors\/"},"modified":"2023-04-27T11:37:16","modified_gmt":"2023-04-27T11:37:16","slug":"bawumia-woos-investors","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/04\/27\/bawumia-woos-investors\/","title":{"rendered":"Bawumia Woos Investors &#8211;"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong><em>Vice President Bawumia with Karl Nehammer<\/em><\/strong><\/p>\n<p>\u00a0<\/p>\n<p>Vice President Bawumia was at his usual best yesterday when he marketed Ghana to the Chancellor of Austria, Karl Nehammer and members of his delegation at the Ghana-Austria business forum held at the Kempinki Hotel in Accra.<\/p>\n<p>Ghana, he said, \u201cis home to one of West Africa\u2019s most prominent and efficient ports (Tema on the eastern coastline which serves as a feedstock to the landlocked ECOWAS countries). There is also the Takoradi port on the western coast which serves the logistics, oil and gas and allied industries.\u201d<\/p>\n<p>These access points, he said, \u201cmean companies have an easy route to the ECOWAS market of approximately 370m people and the AfCFTA with 1.3bn people and a combined and growing GDP of $3.4 trillion.\u201d<\/p>\n<p>Apart from that, he said \u201cwe have a stable political environment, safe, happy people, strong democratic culture underpinned by freedom of expression, consensus, and plural media environment.\u201d<\/p>\n<p>\u201cWe apply the rule of law in a robust and fair manner. We practice common law, and the judicial system ensures safeguards of company and individual interests\u201d, he emphasised.<\/p>\n<p>He said, Ghana\u2019s position as \u201ca leading gold producing country in Africa, 2nd largest cocoa producer in the world, 3rd largest bauxite reserve in Africa with over 180m tonnes, Oil &amp; substantial natural Gas reserves, exciting new lithium prospects, 60m tonnes of manganese, diamonds, 150 m tonnes of iron ore deposits, 13.5 million hectares of arable land, 6.4 million hectares of cultivable land, 230k hectares of irrigable land and importantly for the tourism sector, 560 km of pristine shoreline (350 miles) etc. are critical attractions to investors.\u201d<\/p>\n<p>He therefore noted that \u201cour vision is to enhance Ghana\u2019s economic development through cooperation with advanced economies like Austria to take full advantage of the AFCFTA\u201d and that \u201cas a globally recognised industrial and manufacturing powerhouse, Austria clearly has the means and capability to take full advantage of the AfCFTA.\u201d<\/p>\n<p>Austrian Chancellor, Karl Nehammer, said it was the first time a top government official from his country was visiting Ghana.<\/p>\n<p>He talked of the already existing relation between Austria and Ghana which he said was cordial.<\/p>\n<p>He, therefore, stressed the belief that his visit to Ghana will open new doors and opportunities for both sides of the divide.<\/p>\n<p><strong>By Charles Takyi-Boadu, Presidential Correspondent<\/strong><\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vice President Bawumia with Karl Nehammer \u00a0 Vice President Bawumia was at his usual best yesterday when he marketed Ghana to the Chancellor of Austria, Karl Nehammer and members of his delegation at the Ghana-Austria business forum held at the Kempinki Hotel in Accra. Ghana, he said, \u201cis home to one of West Africa\u2019s most [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":61699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-61698","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bawumia Woos Investors - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/04\/27\/bawumia-woos-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bawumia Woos Investors - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Vice President Bawumia with Karl Nehammer \u00a0 Vice President Bawumia was at his usual best yesterday when he marketed Ghana to the Chancellor of Austria, Karl Nehammer and members of his delegation at the Ghana-Austria business forum held at the Kempinki Hotel in Accra. 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