Business News of 2014-01-28

‘Investor confidence in Ghana still high’

President John Mahama says the outcome of meetings in Davos, Switzerland indicate high levels of investor interest in Ghana.

He said the country must take advantage of these interests and strategise well in order to grow the economy.

The president made the remark at the Kotoka International Airport when he arrived in the country after attending the World Economic Forum held in Davos, Switzerland.

The president mentioned that responsible mining and extractive industry, agriculture and inequality are some of the key issues discussed at the forum. According to the president, about 15 different bilateral meetings were held.

Discussions of Ghanaian interests were largely centred on investments and dealing with challenges in the mining and energy sectors. Prior to his visit to Switzerland, the president made a stop-over at Abu-Dhabi where other bilateral discussions were held.

The president hinted of commitments by the United Arab Emirates to also invest in the energy sector in the country. The president said there will be subsequent ministerial deliberations to ensure execution of the discussions.

The World Economic Forum is an annual brainstorming event by heads of states, Chief Executives and other business people to proffer solutions to world challenges.

The president arrived in the country at about 9 pm Saturday night in the company of his newly appointed communication director Ben Doste Malore among others.

The team was received on arrival by vice president Kwesi Bekoe Amissah Arthur, security chiefs and other government officials.