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German entrepreneurs to invest in water sector

Thu, 20 Jan 2011 Source: GNA

Accra, Jan. 20, GNA - A delegation of German Industries and Commerce in Ghana, led by Mr Patrick Martens has expressed interest to invest in the water sector.

Mr Martens, who led a 40-member delegation, said the entrepreneurs were market leaders in water treatment and could facilitate the management of the sector to advance the available technology in Ghana. He made this known during a meeting with Mr Alban Bagbin, Minister of Water Resources Works and Housing in Accra. Mr Martens: "Africa is a potential new market and that if Germany, a medium market was allowed to invest in the resources; a lot will be achieved for it to develop."

Mr Bagbin said the discovery of oil and gas in the country made it expedient to boost production of water to support the industry. He however stressed the issue of management, operation as well as revenue collection in dealing with water resources in line with technology.

This, the minister said would improve water supply. Mr Bagbin said Ghana was looking forward have a corporate and long term partnership with the delegation.

Source: GNA