Embassy to Hold Investment Forum in the US

Ghana's Embassy in the US is to hold joint investment forums with the Corporate Council on Africa to promote investment opportunities in all the 10 regions of Ghana in Washington this year.

The first forum scheduled for March 20-21 would showcase investment opportunities in Western, Eastern, Ashanti and Brong Ahafo Regions.

A statement issued by the Embassy in Washington and faxed to the GNA in Accra, said projects to be presented at the forum would include mining, agro-processing, tourism infrastructure, textile and apparel and other manufacturing opportunities.

It said the forum would also provide the opportunity for US investors and businesses to interact with the regional ministers, Minister of Trade and Industry, the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC) and other prominent businessmen and women from the Ghanaian private sector.

The statement said about 200 businesses including 50 from Ghana, would be expected to attend the forum, which would be free and open to all US companies and individuals interested in doing business in Ghana. It said the forum coming immediately after the US-Sub-Saharan Africa Trade and Economic Co-operation Forum in Mauritius challenges both US and African investors to take advantage of the African Growth and Opportunities Act (AGOA) in a practical way for their benefit. The statement said the forums are to expose American businesses to investment opportunities in the regions and expose Ghanaian investors to the business environment in the US.

They would also afford the regions the opportunity to promote their economic potential and projects in the US and seek joint-venture partners for specific projects.