Skip to main content

Ghana is best destination for business in West Africa -Ablakwa

Deputy Minister of Information, Samuel Okudzeto Ablakwa, last week stated that as per the latest World Bank report Ghana is the best country to transact business in the West Africa sub-region.

The report moved Ghana from the 77th position to 67th as a country for business reform and also voted the country to the 44th position out of 183 as the best country for protecting businesses.

The Deputy Minister, who was inaugurating Smayak Hotel, a modern hospitality facility, at Gomoa Ankamu near Apam in the Central Region, said the government of President Mills is on course and that the country is gaining a lot of confidence from the international business community.

He urged Ghanaians to take advantage of the business friendly environment created by government to invest more in the economy.

According to him, government is making major transformations in the economy with the oil find.

Ablakwa said Ghana cannot be said to be industrialized without good hospitality services as he expressed contentment that the hotel is wholly owned by a Ghanaian who will keep profits accruing from the facility in the country.

Theophilus Aidoo-Mensah, Gomoa West District Chief Executive, commended the proprietor for putting up such a facility in the rural area.

The DCE outlined investment opportunities in the district to include a large tract of coastal lands for hotels and restaurants, large deposits of quarry stones and gold deposits, clay deposits for pottery, bricks and tiles, sand for pozzilana cement, and arable land for mechanized farming.

The district also has tourist destinations such as slave sites and forts and also crops for agro-processing.

Aidoo-Mensah said the assembly will assist investors to negotiate for acquisition of lands, consider discounts and exemption in payment of local taxes for a period between one to five years, and facilitate the provision of utility services to the industrial sites and to provide business advisory services and technical engineering support.

Comments

Popular posts from this blog

Nestlé Ghana Limited Wins Overall Best Industrial Company Of The Year at 13th AGI Industry & Quality Awards

  Nestlé Ghana Limited has been honored with four prestigious awards at the 13th Association of Ghana Industry and Quality Awards ceremony. The event, held in an esteemed setting, gathered prominent figures from Ghana’s industrial sector. Amidst the anticipation, Nestlé Ghana emerged as one of the evening’s notable winners, securing accolades in several key categories. This recognition underscores Nestlé Ghana’s relentless pursuit of excellence and innovation, marking a significant milestone that highlights the company’s substantial contributions to the manufacturing industry in Ghana. Nestlé Ghana's exceptional performance was acknowledged with the following awards: Overall Best National Quality Award, Diamond Category (Food) Overall Best Practices in Sustainable Manufacturing Best Company (Food Sector) Overall Industrial Company of the Year, affirming its status as a leader not only within the food sector but also across Ghana's entire industrial landscape. This success is a ...

Anglogold Ashanti Obuasi Mine tops 2024 Sustainability & Social Investment Awards

 AngloGold Ashanti Obuasi Mine has confirmed its status as sustainability champions by sweeping nine awards, the most won by a company at the 2024 Sustainability & Social Investment Awards (SSI) held at Movenpick Ambassador Hotel in Accra. The feat comes on the heels of a dominant performance in last year's event where AngloGold Ashanti Obuasi Mine swept seven awards. The SSI Awards organised by Ianmatsun Global Services recognizes the most outstanding sustainability, Corporate Social Responsibility (CSR), Environmental, social, and governance (ESG) initiatives in the country and beyond as well as the best teams and individuals who brought them to life. This year's event, which was the 8th edition, was under the theme "Climate Action Now: Accelerating Decarbonization and Building Resilience". The awards won by AngloGold Ashanti on the night include SSI Company of the Year, Best Company in Women Empowerment (project), SSI Company of the Year ( Environment), Best Co...

Zoomlion Advocates Community & Gender inclusive waste management for Climate Action at COP 29

 Africa's waste management giant, Zoomlion Ghana Limited has advocated for an integrated approach to waste management that considers the interest of community members, women and vulnerable groups. James Deku, a Communications Officer of Zoomlion Ghana Limited made this call at the 29th session of the Conference Of Parties (COP 29) of the United Nations Framework Convention for Climate Change (UNFCCC) at Azerbaijan, Baku whiles speaking on the topic "Community-Driven and Gender Inclusive approaches to waste management for Climate Action ". He said the waste sector is a major contributor of methane emissions which is a potent greenhouse gas causing climate change hence the need to manage waste in a manner that considers the interest of all stakeholders. Zoomlion's waste management model is designed and operated in a manner that considers the interest of all stakeholders. Through a Public Private Partnership (PPP) model, local authorities engage community members in clea...