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Current land tenure system collapsing businesses - Bomarts CEO

Ghanalands Land litigation cases in Ghana are alarming

Tue, 13 Nov 2018 Source: ghananewsagency.org

Mr Anthony Botchway, the Chief Executive Officer (CEO) of Bomarts Farms Limited, has appealed to government to take steps to address the land tenure system currently being operated in the country.

He said land is basic to all investment and if there are problems associated with it, it has the tendency to affect the investment drive.

“Whenever there is a problem with land it breaches your peace and security, the workers feel insecured and there is a big waste of time”, he said.

Mr Botchway made the appeal in an interview with the Ghana News Agency, when the Eastern Regional Minister and Executives of the Association of Ghana Industries for Eastern and Volta regions visited some industries in the Nsawam- Adoagyiri Municipality.

He said his company is in court for the past three years, litigating over a land that he acquired on leasehold for 50 years.

The CEO said he was scared to go for more lands for expansion because of the current situation that they find themselves.

Mr Eric Kwakye Darfour, the Eastern Regional Minister, said the country for some time now is trying to get a new land tenure system through the Land Administration project.

He said the process is still ongoing, however, they have not come to a conclusion due to some delays and hopefully problem will be sorted.

He said other concerns raised by companies such as the application of the tax stamp, land documentation and accessibility and cost of finance would be sent to the appropriate quarters for resolution.

Mr Dela Gadzanku, the Chairman of the Eastern and Volta branch of the Association, said the industrial tour has been helpful and the Association has been able to assist some of their members to win contracts .

The industrial tour took the team to companies such as Blue Skies, Blackman , 13th January, Special Treatment Project , C.K Engineering, Bomarts Farms Limited, Fedek Ventures Limited and Africa Cola.

Source: ghananewsagency.org