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Business News of Thursday, 28 November 2002

Source: .

Taylor Woodrow to invest in Ghana

The management of Taylor Woodrow Construction, a British firm, is to invest about $20m in Ghana within the next two years.

Andrew Wyllie, Managing Director of the Company, who announced this said the investment, which would be in the mining and private sector was based on the confidence the Company had in Ghana's future.

Wyllie on a visit to Ghana to inspect projects being undertaken by the Company said this when he led a three-man delegation to pay a courtesy call on President John Kufuor at the Castle, Osu.

He said part of the investment would be used for training and improvement in the technology being used in the country.

President Kufuor commended the Company, which had been a development partner in the country for some time now, for the confidence it had in the government's policies and programmes.

He said the Company had offered a lot of employment for the youth and expressed the hope that the new investment would enable more people to be employed.