Minister of Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey has urged Saudi Investors make Ghana their preferred place for investments.
The Foreign Affairs Minister encouraged Saudi Business moguls to step up investments in the country because Ghana is the best place for investments.
Hon. Ayorkor Botchwey made the call on the sidelines of bilateral talks with Saudi authorities aimed at strengthening relations between Ghana and the Saudi Kingdom.
During the talks, the Foreign Minister said Ghana is a peaceful and stable country that offers a gateway to the entire West African market and beyond for the investment interests of Saudi Arabian industries.
She, therefore, welcomed opportunities that will form mutually beneficial strategic alliances for both countries.
She added that the country possessed attractive incentives, within the context of the Ghanaian Government’s agenda to industrialize the economy that will yield a lot of profit should investors take advantage of such opportunities.
Present at the meeting was business mogul and a member of the Saudi Royal family, Prince Alwaleed bin Talal bin Abdulaziz Al Saud, as well as the Chairman of the Council of Saudi Chamber of Commerce, Dr. Sami bin Abdullah Al-Obaidi, in Riyadh on Sunday, January 26, 2020.
Prince Alwaleed bin Talal bin Abdulaziz Al Saud who already has undertaken a number of projects in Ghana including the construction of the Alwaleed School, donation to build a mosque, support for the fund of an Early Child Center and the Otumfuo Education Fund, among others was encouraged to do more.
She stated that since the outlook for the Saudi economy is very positive and Ghana is also an oil-producing country, the two countries should liaise and work towards closer trade and investment cooperation in the field of oil and gas.
In her meeting with the President of the Saudi Council for Chamber of Commerce, Dr. Al-Obaidi described the Minister’s visit as very important for the Saudi business community, saying the meeting is going to be the cornerstone for transforming the relationship between the private sectors of both countries.