Veep Woos Egyptian Investors

08 Dec 2010 384 news, business
Vice President John Mahama Vice President John Dramani Mahama has called on investors across the globe to take advantage of the prudent economic management being implemented by the Mills-led administration and invest in Ghana. The Vice President made the call when he opened the Ghana-Egypt Investment Forum in Cairo. The two day forum brought together varied business interests in Ghana and Egypt as they look forward to fostering mutually beneficial relationships. Citing current economic parameters such as the inflation rate and tax rebates for certain categories of investors, Mr John Mahama encouraged Egyptian investors to increase their presence in Ghana, as such a move will be mutually beneficial. He told the gathering at the Ministry of Investment in Cairo that the NDC administration is working assiduously to improve infrastructure, telecommunication, ports etc which he says would offer very profitable investment opportunities. According to him, areas such as oil and gas, energy, infrastructure, agro-processing, telecommunications offer investors great prospects whose returns are appreciable. He assured the Egyptian investors in particular that Ghana has put in place various measures to safeguard investments of both Ghanaians and non-Ghanaians. Attending the forum with the Vice President are the Deputy Minister of Trade Mahama Ayariga, CEO of GIPC George Aboagye, CEO of Free Zones Board Albert Twum Boafo, representatives from Ghana Chamber of Commerce and the business community.

Source: Citifmonline.com