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Business News of Thursday, 18 July 2002

Source: gna

Western Region hosts investors

Mr Joseph Boahen Aidoo, Western Regional Minister, has said that prospective local and foreign investors in the region would be given adequate security and protection. He said the Region had viable resources in abundance and needed adequate financial capital to tap them for the mutual benefit of stakeholders.

The Regional Minister was speaking at a reception for a three-member delegation from Stone and Webster Investment Consultants in Scotland and a cross section of the business community in the region at Sekondi on Tuesday night. The delegation was in the region to study the investment climate as a follow up to an earlier visit by a group of Scottish investors in April.

Mr Aidoo emphasised that with the evolving democratic dispensation and the determination of the Government to turn around the country's fortunes, investors' security was of high priority and being taken care of.He told the group that the country was peaceful more than ever before.

Mr Latheridge Asamoah, Co-ordinator between the group and the Western Regional Administration, said areas such as mining, agriculture and tourism had been identified for possible investment.

There was a photo exhibition of mineral deposits, timber, agriculture, crude oil and tourism potentials of the region. An hour's documentary on the region was also shown. The group, which arrived in the region on Monday, visited the Takoradi Port, Ghana Railway Company and tourism sites in the region.