Japanese business executives who are in Ghana to tap into investment opportunities that the economy presents have been assured of conducive climate to entrust resources for good returns.
The Minister of Foreign Affairs and Regional Integration, Ms Hanna Tetteh, gave this assurance to a team of Japanese business executives, stressing that “Ghana will continue to be an attractive place for investment because of our competitive democracy, we have developed a framework for public-private partnership to provide clarity on how to work, our regulations are clear…”
The Japanese business executives are in the country to tap into investment opportunities, including the power sector, which is seen as the private sector engine of growth.
Ms Tetteh said the government has put in place the necessary legal and regulatory framework that effectively protected investors willing to inject capital into the various sectors of the economy.
“We have tried to provide clarity in our investment regulations, our regulatory framework is clear because our investment codes have been reduced to legislation, we do not have restriction to repatriation,” she explained.
According to her, Ghana had one of the best of infrastructural networks in the sub-region, making it the most favourable place for investment, while its younger, inspirational and ambitious population was eager and ready to work.
The West African region, she said was vulnerable to foreign exchange value volatility, but Ghana still presented an huge opportunity platform for investment, as the government was seeking to diversify the economy.
Director-General of the Ministry of Foreign Affairs of Japan and leader of the delegation, Mr Norio Maruyama extolled Ghana for carrying out enormous development, particularly in the capital city that served as point of investment attraction.