Ghana is the best safe haven for German investors - Hon. Alan Kyerematen
Hon. Alan Kyerematen, Minister of Trade and Industry has called on investors, especially
those from Germany, to take advantage of the Ghanaian enabling environment to invest in
the country as a way of deepening the commercial engagements between the two
countries.
The Minister was addressing an investment forum in Berlin when he led
a Ghanaian Delegation to the first Ghanaian - German Business Council meeting and
Investment Summit in Berlin. It would be recalled that Ghana and Germany signed an MOU
in February 2019 to establish the Business Council as a framework to enhance Trade and
Investment Cooperation.
Touting the congenial investment climate of his country,
the Minister told the German business community that Ghana has a strong and resilient
economy; has arguably the best credentials in terms of democratic governance; offers a
safe and secured climate with a complement of infrastructure which is still being
improved; as well as a good, equitable and transparent judicial system.According to the
Trade and Industry Minister, the prospects are even higher for German investors with the
coming into force of the African Continental Free Trade Agreement which provides the
single largest market of a population of over 1.2 billion people with a combined GDP of
three thrillion dollars and a control of about 60% of the world's arable
land.
Hon Kyerematen was accompanied by Ambassador Gina Blay (Ghana's envoy to
Germany), Mr. Yofi Grant of the GIPC, Prof. Alex Dodoo, DG of Ghana Standards Authority,
Afua Asabea of GEPA, Kofi Baafi of Free Zones Authority, among other business Executives
such as the CEO and founder of Ernest Chemists, Mr Ernest Bediako Sampong and Mr Anthony
Ameka of the Ghana Chamber of Pharmacy, among others.
Hon Kyerematen seized
the opportunity to sign a Joint Declaration with the German Secretary of Economy and
Energy to establish a Competency Center for Mining and Processing of Mineral
Resources in Ghana.
