Prime News Ghana

"Ghana is open for business" - Prez Akufo-Addo assures investors

By Sam Edem
President Nana Akufo - Addo
President Nana Akufo - Addo
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Ghana’s President Nana Addo Dankwa Akufo-Addo has reaffirmed his earlier inaugural statement that “Ghana is open for business again”.

The President gave the assurance of his government’s commitment to create an enabling environment for businesses to thrive in the country at a courtesy call on him at the presidency in Accra by the Chairman of the Al Serkal Group, Mr. Eisa Bin Nasser Alserkal, alongside a delegation of investors from the United Arab Emirates.

He asserted, before the visitors and the country’s Minister of Trade and Industry, Mr. Alan Kyerematen that creating jobs for the people of Ghana in order to restore the nation back on the path of progress and prosperity is the topmost priority of his administration.

He added that government’s main focus will be industrializing the Ghanaian economy with the goal of shifting its dependence on raw material exports to one driven by value-adding activities and on revival of the agricultural industry.

He said these goals form the basis of Government’s determination to partner with investors as well as the private sector in general in setting up strategic industries which will drive job creation and in effect, reduce the teeming youth unemployment in the country.

The strategic industries captured in the President Akufo-Addo economic plan include, the iron and steel industry which would exploit Ghana’s iron ore deposits at Oppon Manso and Sheini, near Tamale, and facilitate the manufacture of machine parts and equipment, integrated aluminium industry which would exploit the country’s bauxite deposits at Kyebi and Nyinahin, as well as the petrochemical industries to exploit the oil and gas deposits from the Jubilee, TEN and Sankofa fields.

Reacting to the President’s gesture, Mr. Eisa Bin Nasser Alserkal, said the decision to invest in Ghana was based on his firm’s belief that the country offered the right opportunities for investors in Africa and that they would reciprocate by helping to develop Ghana.

A business conglomerate based in Dubai – United Arab Emirate, Al Serkal parades chains of investments in various industries ranging from healthcare, manufacturing, petrochemicals, real-estates, banking, telecommunications, etc.

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