1 minute read

…woos foreign investors

increased the prices of commodities back home. And the US Federal Reserve’s move to hike interest rate severely hit our capacity to borrow and repay debt in the international market." The investment summit seeks to woo foreign investors to take advantage of opportunities created in the various sectors of the Ghanaian economy in a road up to a total economic recovery.

your facilitator. We will unlock bottlenecks and prioritize limited resources to strategic sectors and projects. We think this is an exciting time to be part of Ghana’s economic growth," he said in his keynote address.

Advertisement

"We are organizing this Investment and Opportunities Summit exactly in that context. First, we want to show that Ghana is back on track and that strong opportunities exist for pro table private invest-

"Ghana is home to one of West Africa’s most prominent and e cient ports, Tema, on thestock 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. Takoradi is undergoing a signi cant transformation and requires signi cant investment to help decongest Tema and establish a commercial case for more vessels berthing there," he added.

Dr Bawumia cited the Brown eld, Green eld, and Public Private Partnerships as tangible and bankable projects championed by the private sector in Ghana and abroad.

This article is from: