Friday, March 23, 2007

More American Investors Coming

HIS EXCELLENCY Dr. Kwame Bawuah-Edusei, Ghana's Ambassador to the United States of America has given an assurance that the fiftieth anniversary celebrations of Ghana's Independence all over the world has opened a lot of foreign investment opportunities for the nations especially those businesses in the United States.

The 52-year-old diplomat who also has concurrent accreditation to Mexico, Guatemala, Belize, Haiti and Bahamas, told The Chronicle in an interview via phone on Sunday that more and more people in the United States have now expressed interest in doing business in Ghana.

He told the paper that Ghanaians in America as well as the Americans themselves have had a rejuvenated commitment to help develop Ghana and called for a corresponding commitment from local citizens.

"The right environment should be created in the country so that those who have shown interest in setting up businesses in Ghana would not be frustrated. For example, the registration of businesses should take a day not days or weeks. That is the only way we can attract more investors into the country."

According to him, "the good works of the government were attracting the commitment of everyone, both Ghanaians and non-Ghanaians alike," and therefore called on the people of Ghana to support the Kufuor administration.

Meanwhile, as part of activities marking the golden jubilee independence anniversary, Ghana will play host to the 6th African Growth and Opportunity Act (AGOA) forum to be held from July 16-19, 2007.

The AGOA forum is aimed at bringing together, all US business executives and potential investors interested in doing business in Africa to Ghana.

To benefit from the positive effects arising out of the synergies of these two events, the Embassy of Ghana in Washington D.C, has adopted a theme -Economic Emancipation- for its activities in the U.S.

The Ambassador and his economic team are touring continental U.S.A to galvanize Ghanaians in the Diaspora and to network with business entrepreneurs to invest in Ghana.

The tour, which commenced on January 1st, with a church service in New Jersey, has since taken the team to various states including Florida.

In Florida, Ambassador Bawuah-Edusei and his team interacted with the Mayors and the executives of the local Chamber of Commerce of Broward County, and the City of Fort Lauderdale and were presented with the official keys to both the City and the County. The Mayors, who participated at their respective City Business fora, applauded the initiative and pledged their support.

As a result, the Mayor of the City of Fort Lauderdale, Mr. Tim Naugle, led a 20-man delegation to Ghana on February 23 to participate in Ghana's 50th independence Anniversary Celebrations. Additionally, a US based company, CITPIX Inc, will be returning to Ghana in the second quarter of this year to continue its program of setting up Information Communication Centers (ICC) in rural Africa.

The Economic delegation team will continue their tour to New England where they will visit Hartford and Worcester and meet with the Ghanaian community to commemorate the 50th anniversary in those cities as well as promote trade and investment. They will then continue to Delaware and Pennsylvania and then to the Midwest.

The economic team joined by delegations from the Trade and Finance Ministry in Ghana in conjunction with the US Chamber of Commerce will hold an Economic forum in Sacramento and Seattle from April 16 to 19.

This will be followed with a seminar under the theme "Brain Circulation" from April 27 to 29 for Ghanaian trained doctors in the U.S. It is being organized in collaboration with the Ghana-US College of Physicians and Surgeons in Washington D.C

The tour rounds off with a trade promotion visit to Dallas and Houston from May 18-21, 2007.

Link to allAfrica.com: Ghana: More American Investors Coming (Page 1 of 1)

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