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Business News of Tuesday, 17 November 2009

Source: GNA

Voltarians must invest back home - GIPC

Ho, Nov. 17, GNA - Mr George Aboagye, Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC) on Tuesday urged people from the Volta Region to invest back home.

Speaking at a seminar as part of the Volta Trade and Investment Fair, Mr Aboagye said Volta Region abounded in high caliber human resources capable of transforming the region economically.

He said those human resources serving in varied sectors of the country should be mobilized to transform the socio-economic fortunes of the region. "You must use yourselves as the vehicle for development and not thinking of someone elsewhere," he admonished. Mr Aboagye called on the people to abandon traditional practices that tended to discourage natives from investing in the region. He described the Fair as impressive and of good standard and advised natives to take advantage of opportunities offered to promote their businesses.

Mr Raymond Okudzeto, President of Volta Foundation, a development Non Governmental Organisation, mentioned some of the economic opportunities in the region as agriculture and tourism and advised people from within and outside to explore those potentials. He described the region as environmentally friendly and picking up in industrial development.

"Apart from the rice plantation at Afife and a cement factory, a fertilizer plant would soon be established with several rice plantations all over the region," Mr Okudzeto said. 17 Nov. 09