ghana attracting gulf investors
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Ghana attracting Gulf investors

Arab Today, arab today

Arab Today, arab today Ghana attracting Gulf investors

Dubai - Arabstoday

The government of Ghana through its Ministry of Trade and Industry has assured prospective investors from the Gulf region, especially the UAE that the Ghanaian economy provides attractive returns on investment. Speaking to The Gulf Today on Monday, the Acting director of, Export Trade support services in the Ministry, Gerald Nyarko-Mensah said that the Ghanaian government is committed to develop a cordial bilateral and trade relationship with Gulf partners by attracting more business entrepreneurs and investors from the UAE and the GCC countries to establish various investment projects in different economic sectors. The director made this remark at the Ghana Business Forum in Dubai. The delegation comprised of high-level government officials and businessmen. Delegates from the private sector included the representative from Ghana Industries, Ghana National Chamber of Commerce and Industries as well as various business executives. During the one-day Trade and Investment Forum a series of presentations were given by government officials as well as Trade and Industry representatives highlighting the vast investment and business opportunities available in the West African Nation. Gerald stressed on the key role played by the UAE, adding that Dubai itself is a regional and international hub for business, exhibitions and conferences in the Middle East. He noted that the UAE continues with its efforts to develop all other economic sectors such as tourism and financial and logistics services through the giant projects being constructed throughout its emirates. According to the director, Ghana assures the business entrepreneurs of attractive returns on their investment. Jalal Balala the Executive Director of Al Azizah General Trading and chairman of the Kenya Friendship Society and a facilitator to the Forum welcomed the Ghanaian delegation and highlighted the strong bilateral economic and trade relations that is existing between the UAE and Ghana. Balala took participants through the investment opportunities that is available in Ghana in areas such as real estate, oil, gas and infrastructural development. The aim is to set up mutual economic projects in both countries, that will also involve private sector corporations in Dubai and other emirates to explore the investment opportunities available in Ghana, said Gerald. According to statistics, Ghana has seen unprecedented growth in real GDP (gross domestic product) from four per cent in 2009 to 7.7 per cent in 2010 and 13.6 per cent in 2011, making the country one of the fastest growing economies in the world in 2011. “Ghana offers immense investment opportunities to Gulf businessmen whom we are trying to attract in accordance with the general strategy of the Ghanaian government. These opportunities can be found in sectors such as real estate, construction, setting-up giant shopping malls, extracting gold and diamonds, establishing hospitals, processing of Aluminum and producing cocoa,” said the director. He stressed that unlike other West African Nations, Ghana’s economy is very stable and that investors could enjoy no restrictions on transferring profits. He also emphasized on the important role played by the private sector establishments in supporting the national economy. He said that in the past, there have been series of talks on bilateral relations between the UAE and Ghana in general and discussion on ways of expanding and developing them. He noted that Dubai can play a key role to further take the marketing of Ghanaian products and services to wider ranges in the West African region using Ghana as a transit point. Gerald added that Dubai has served as a regional trade center and a connector to many promising outlets in the West African and Sub-sahara region. The director also spoke highly on the booming real estate industry, trade development and economic growth that Ghana is currently witnessing that made it the attraction point for the businessmen and investors from different parts of the world to put their investments. The director also made references to the crisis in the global economy and the difficulties facing major economies such as the Eurozone, US etc in their efforts to avoid recession. The pragmatic policies and programmes being pursued by our Government, the Ghanaian economy is resilient and remains on its growth trajectory with very positive macro-economic indicators, said Gerald.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ghana attracting gulf investors ghana attracting gulf investors

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ghana attracting gulf investors ghana attracting gulf investors

 



GMT 16:16 2014 Wednesday ,10 September

Samirah Ibrahim receives Saudi cultural attaché

GMT 09:32 2017 Sunday ,24 September

China confirms will limit oil exports to North Korea

GMT 19:56 2016 Saturday ,17 September

Typhoon Meranti death toll rises to 28

GMT 09:40 2018 Monday ,01 January

OIC Summit opens in Kazakhstan

GMT 06:37 2015 Monday ,07 December

Iran film directors protest colleague's jail term

GMT 18:37 2017 Friday ,25 August

Mental health issues should be prioritized

GMT 04:39 2017 Thursday ,31 August

Trump vows to right 'self-destructive' tax code

GMT 05:29 2017 Tuesday ,22 August

Celebrations across India on 71st Independence Day

GMT 10:54 2017 Wednesday ,11 October

Child obesity grows tenfold since 1975

GMT 02:31 2016 Tuesday ,06 December

Dubai Women Establishment delegation participates
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday