Ghana has a secured government for investment-Kufuor

President John Agyekum Kufuor on Wednesday said Ghana is now setting the pace for a relatively secured government for investors on the African Continent.

He said that Ghana having been a pacesetter on the continent, the government would provide all the security required to protect the private sector and their investments.


President Kufuor was speaking at a luncheon organised by the Joint Economic Council of Muaritius in his honour on the second day of his four-day state visit to the country at Domaine Les Pailles.


The Council is made up of the nine main institutions in the private sector and forms the apex body of the sector.


He said the future for socio-economic development in any country, required people with initiative and creativity.


"We need to evolve the agencies and mechanisms whereby government and the private sector could interact in a functional manner for development", he said.


President Kufuor said government believed in co-operate relations with labour and the employer so that the benefit of their activities would accrue to the entire population, noting that this had been the basis for the success of Mauritius and this should bring both countries together to move ahead.

He said Ghana had chosen the path of open government, liberalism, support and facilitate the development of the private sector and strengthening the export sector for development.


"Mauritius is now rationalizing its economy and Ghana is ready to partner purposeful investors", he said.


Mr Gilbert ESpitalier Noel, Chairman of the Council, said the basis for the strong and continuous relations between the sector and the government was that they almost always agreed on issues but sometimes there were disagreements.


He said their disagreement were expressed in dialogue and there had been regular consultations between the government and some specific sectors.


Mr Noel said their government sustained and restructured institutions and sectors that were not performing well and was now looking up to the ICT area for growth and creation of employment.


He said Mauritius had for the past 20 years exported goods but had now ventured into the exportation of technical know-how to neighbouring countries as well as other African countries.