ACCRA, Ghanaian Vice-President Dr Mahamudu Bawumia says investments from Norway and other Nordic countries into Ghana and Africa will soon see a boost as the government continues with its efforts to facilitate investments, trade and partnerships.

Dr Bawumia, who was a guest speaker at the 2017 Nordic-African Business Summit held in Oslo last Thursday, says the high levels of interest being shown by Nordic businesses to invest in renewable energy, agriculture, shipping and healthcare in Ghana and other countries in Africa were encouraging and require focused facilitation to succeed.

The Vice-President, who held several hours of meetings with potential investors while in Oslo, has directed the Ghana Investment Promotion Centre (GIPC) to follow up and ensure that these potential investors are paired with competent Ghanaian business partners to build synergies for project execution.

Dr Bawumia said here Monday that he had assured the investors of ongoing reforms which are aimed at making State agencies work faster and more efficiently as well as the government's attention being focused on speeding up selected projects and ensuring quick execution.

The new administration believes that there is a need to remove as many bottlenecks as we can, which ordinarily slow the business environment and make it difficult for us to improve productivity and returns on investments," he added.

President Akufo-Addo has charged us to be quick in removing inefficiencies and areas of corruption, which naturally inhibit the rate at which we can run at our goals. That is why you have seen us push through the paperless port clearance system and paperless business registration while we quickly move to e-procurement as well as payment inter-operability. It is our belief that the synergies derived from all these automated systems will improve efficiency and productivity not only for the business community, but also for the broader Ghanaian economy, he said.

Source: NAM NEWS NETWORK

Related Post

About Us

The website publishes the news, which is gathered from all the sectors of the country with keeping an eye on different sorts of news from all over the world. All kinds of news on our news website do not consist of any sort of content that can be called the prejudice one, that strategy keeps us away from adding up any useless extra content in the news.