President John Mahama urged international investors to team up with government for the purpose of infrastructural development in the country.
President Mahama said this while addressing the opening gathering of Ghana-UK investment and Trade Forum in London; he is currently on the four day official visit of the UK. The forum brought together some 500 business representatives from Ghana, United Kingdom and other parts of Europe.
Mahama referred Housing, Transportation, Telecommunication and Ports as the major fields where there is high need of investment.
Mahama wants international investors
Macro-economy is the main concerning area in the country. President Mahama said there are still massive opportunities to flow investments in Ghana, pointing stable political situation, rule of law and peace.
Ghana has significant production of raw materials in the terms of agriculture, energy, oil and gas hence these area can be considered to invest. These raw materials are exported to other countries and Mahama said his administration is trying to shift the trend.
Following the production of high end products within the nation boundaries worth of goods would boost sharply.
President Mahama explained the main reason to engage with International Monitory Fund bailout was to support the transformation of economic structure, so that country could avoid perennial exportation of raw materials. If this economic transformation is successfully deployed Ghana will be able to keep away from fluctuation in prices of Cocoa and Gold at the international market.
Dr Ekwow Garbrah, Minister of Trade and Industry, was hopeful that country’s position in the agro-processing sector can favor the economy, regardless of continues fall in prices of cocoa.
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