Audio By Carbonatix
Minister of Trade and Industry, Alan Kyerematen has called on investors, especially those from Germany to take advantage of the enabling environment in Ghana to invest in the country as a way of deepening the commercial engagements between the two countries.
Addressing an investment forum in Berlin, Germany Mr Kyerematen said “Our interest as a developing country is to be able to deal decisively with the challenge of unemployment and we believe that it is the private sector that can lead the path to economic growth and job creation and that is why we are seeking to work together with the German government along this development pathway.”
The Minister led a Ghanaian delegation to the first Ghanaian - German Business Council meeting and Investment Summit in Berlin.
It would be recalled that Ghana and Germany signed a Memorandum of Understanding (MoU) in February 2019 to establish a Business Council as a framework to enhance Trade and Investment Cooperation.
Mr Kyerematen told the German business community that Ghana has a strong and resilient economy and has arguably the best credentials in terms of democratic governance. He added that the country offers a safe and secured climate with a complement of infrastructure which is still being improved; as well as a good, fair, equitable and transparent judicial system.
According to the Minister, the prospects are even higher for German investors with the coming into force of the African Continental Free Trade Agreement which provides the single largest market of a population of over 1.2 billion people with a combined GDP of $3 trillion and a control of about 60% of the world's arable land.
Mr Kyerematen was accompanied by Ambassador Gina Blay (Ghana's envoy to Germany), Yofi Grant of the GIPC, Prof. Alex Dodoo, Director-General of Ghana Standards Authority, Ernest Bediako Sampong, Group CEO of Ernest Chemist Ltd, Afua Asabea Asare of GEPA, Kofi Baafi of Free Zones Authority, among other business executives.
He also signed a Joint Declaration with the German Secretary of Economy and Energy to establish a Competency Center for Mining and Processing of Mineral Resources in Ghana.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Cedi slips amid seasonal heat; one dollar equals GH¢12.20
4 minutes -
Yirenkyi-Addo wins ‘Deloitte CEO Impact Award’
5 minutes -
‘I am not weak’ says Slot, but Salah could return
16 minutes -
World Bank’s new outcome bond supports clean cooking initiative in Ghana
21 minutes -
NACOC nabs 3 in connection with 1,158kg suspected cocaine shipment to Belgium
27 minutes -
‘Certiorari is not stay of execution’: Amaliba defends Parliament’s notification on Kpandai vacancy
27 minutes -
Sister Sandy set to host Medikal’s BYK Concert at the Accra Sports Stadium
54 minutes -
AfroFuture Ghana 2025 adds Rema, KiDi and more to its December festival lineup
1 hour -
Paramount launches rival bid for Warner Bros Discovery
2 hours -
Ukraine’s European allies press for more security guarantees
2 hours -
Why the haste? – NPP MP question’s EC notification over vacant Kpandai seat despite stay of exection
2 hours -
Explainer: Why electricity and water tariffs have surged to 9.86% and 15.92%, respectively
2 hours -
Ghana lights up first-ever plastics leadership awards
2 hours -
Finance Minister tasks MDAs to reduce audit infractions to the barest minimum next year
2 hours -
Finance Minister charges Osu Tax Office staff to boost revenue, pledges support and incentives
2 hours
