Ghana adjudged safe haven for investment

A member of a British Trade Mission to Ghana says the country has gained international reputation as a safe place to invest in West Africa.

Mr Chris Nasah, a Member of the Mission from the Burmingham Chamber of Commerce and Industry said Ghanaians must protect and nurture the "climate" to grow. He added that Ghana has gained recognition as "an African country that has tackled its debt issues and restructured it public service". He said Ghana is known for the successful implementation of the Structural Adjustment Programme (SAP), which attracted significant amount of finance from private and donor agencies adding that there is also documentary proof that the amount of foreign money Ghanaians in the Diaspora transfer home is even more than what donors give.

Mr Nasah said apart from these, Ghana is safe for the foreign traveller, which is good for the promotion of tourism. "The hospitality of the people and above all an international reputation for its heritage like the Ashanti Kingdom and Adinkra designs are well known and attractive to tourists", he added.

Mr Nasah, who is also a Director and Managing Partner of Knak Designs, a UK Architect and Development Consultancy firm said his company has established business links with Horseshoe Studios Limited, a local General Designing and Construction Firm to co-operate in the building industry.

Mr Nasah said the Mission of the 20-man delegation includes assessing the climate for foreign investment, assist in furthering Ghana's development programme and to maintain its profile as the Gateway to West Africa.

Mr Thomas Odamten, Chief Executive Officer of Horseshoe Studios Limited said his company's interaction with Knak Designs has created a better forum for the exchange of skills and concepts. Knak Designs was honoured last year by the UK Black Links as the Best Black Business in the UK while it also won the most progressive business of the same year, a recognition given by the African Business Executives. Knak designs is currently designing a one million pound sterling community centre in North London while it has also been engaged as consultants on the development of a university at Ulundi in the Kwazulu Natal Province, South Africa.