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Our doors are open for business, Veep woos India investors

Speaking at a two-day investment summit in New Delhi, India, he said Ghana has a competent and easily trainable workforce, while urging India business to take advantage of Ghana's location to reach out to the over 30 million ECOWAS citizens.
 
 

Vice President Paa Kwasi Amissah-Arthur is calling on India investors to take advantage of Ghana.

"Ghana is a great location for reaching out to the 300 million people in the ECOWAS. Our doors are open to Indian investors and we look forward to doing business with you. Ghana is open for business”, he said.

Amissah-Arthur said Ghana seeks to build a prosperous society in a growing democracy with a vibrant press, touting Ghana's political stability to woo investors.

He said trade volumes between the two countries has improved in the area of agriculture, agro-processing, building and construction, manufacturing and services.

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In the last decade, foreign direct investment with India stood around $1.09 billion, Amissah-Arthur said.

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He said India was second in terms of the number of investment projects registered by the Ghana Investments Promotion Centre (GIPC).

He also called on India to enhance economic cooperation with Africa.

“We believe that India understands and appreciates the structure of our economies and our principles. That is why we are optimistic that enhancing economic relations with India will be more responsive to our call for the creation of a more inter-related stability and security that is required to get rid of short-term volatility and longer term uncertainty”, he said.

The summit is focusing on agriculture and agro-processing, power, skills development and other sectors targeted for support under the improved Indian Government Lines of Credit to developing countries.

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