First Lady Raps Chinese Investors
First Lady Rebecca Akufo-Addo has assured Chinese investors at a conference to promote trade relations between Ghana and China in Hunan in the Changsha Province of China.
Addressing the “2017 Ghana-Hunan Economic and Trade Conference” hosted by the China Council for the Promotion of International Trade (CCPIT), the First Lady touted Ghana’s credentials as a safe and profitable place for Chinese investors.
She stated that Ghana is a “globally acknowledged democracy” which has changed governments successfully since 1992 “without causing any dislocations to the political, economic or social systems of the country” therefore “all investors are assured of a stable and peaceful country to invest in.”
Mrs. Akufo-Addo added that Ghana has “an assertive parliament, an independent judiciary and a vibrant media” and these are “safeguards against unpredictable actions of any one person or government and further serves as security for the protection of investment.”
The First Lady also indicated Ghana has a generous investor incentive through the Ghana Investment Promotion Centre (GIPC), free zones enterprise and other institutions adding that “regardless of where the investment was, the government had instituted a number of generous incentives for the investor depending on the activity or the location of the investment to ensure that their investment thrived.”
Listing some of the investment opportunities in Ghana, she said agriculture and agro-processing was an area that was ripe for investment.
Akufo-Addo added other priority areas such as energy sector especially renewables as well as infrastructure sector such as roads, railways, ports, airports, public housing and real estate development, manufacturing and Industry, mining industrial salt, gold, bauxite and iron ore and tourism, ICT and in the financial services sector especially equity financing.
The First Lady later witnessed the signing of a cooperation agreement on Economy and Trade between CCPIT Hunan and the AGI and an Agricultural Cooperation Project between the CRI and the Hunan Hybrid-rice Research Centre.