Ghana’s Business Environment Is Un-shakable – President Mills
President of Ghana, John Evans Atta Mills has said that the business environment is ripe for American investors to take advantage of for mutual benefits.
He said, his government has laid the desired foundations which will make potential investors have good returns on their money.
He emphasized that there was credible judicial system, enough labor force which will respond to the needs of the investors and a system that is responsible to address the needs of potential investors.
At a meeting with the Business Council for International Understanding (BCIU) in New York as part of his working visit in the U.S, President Mills stated that, his administration had done everything possible to increase investment in the country and also move the country forward in the right direction.
The BCIU is an international business association aimed at promoting commerce and diplomacy as a non-partisan facilitator of dialogue and alliances for the world’s leading businesses and political leaders.
Ghana’s economy is expanding, according to reports, the West Africa country may have been the fastest growing economy in the world last year; we have struck oil, but let me be quick to say that it is our determination to ensure that ‘’the God given resource becomes a blessing and not a curse. He said
‘’One of the things we promised to do and which we are doing as can be verified in my State of the Nation address in February, is that we are giving full account of the oil revenue resource and be accountable to the people of Ghana, how the resources have been used,’’ he stated.
President Mills said, he believed many of the American investors were aware of the legion of opportunities which were present in the country, however Ghana recognizes that there were certain conditions which must be met before one could attract investment.
Ghana wants to ensure that; there was credible judicial system, have the kind of labor which would respond to the needs of the businesses. ‘’We as a government want to ensure that we have created the necessary environment which will allow investors have good returns on their investment.’’ Prez Said.
According to President Mills, one of the criteria to guarantee safe and good returns on investment was to minimize the burden that investors have to carry.
‘’So far we have been able to attract quite a number of investors but there is the need for more and more to come to Ghana.’’ He said
He assured the American Investors that, when they came to Ghana they would get the right kind of people to work with. He promised that it will not be difficult for potential investors to have graduates to work with them.
He noted that education is being giving its pride of place and that there are a bunch of ‘eager’ younger graduates who want to learn.
He reiterated his government’s commitment to democracy, saying without rule of law, natural justice, respect for the judicial system, non selective justice and all it will be difficult to accrue the desired results.
‘’Ghana can only move forward, we have made this choice and do not intend to go back. I am not saying everything is perfect in Ghana, no country can say that it does not have any lapses; the important thing is to recognize your deficiencies and be willing and able to tackle the challenges and difficulties,’’ Prez Said.