Ghana Invites Italy’s Private Sector For Business

Vice prezVice-President Kwesi Bekoe Amissah-Arthur, has invited the Italian business community to take advantage of new initiatives taken by the government to invest more in Ghana.

He said that the government was moving focus from official development support to private sector investment to bridge the financing gaps in the delivery of social projects.

Vice President Amissah-Arthur said these when Madam Emma Bonino, the Italian Foreign Minister paid a courtesy call on him at the Flagstaff House in Accra on Monday.

He urged Italian investors and the private sector to be guided by the new developments in public sector financing and make good use of the new initiatives to form mutually beneficial businesses in Ghana.

The Vice-President recalled the development support Ghana had received from Italy over the years, mentioning assistance in the construction of the Akosombo Dam, and the substantial support for capital and equipment, as well as the presence of Italian companies like AGIP in the energy sector.

He also mentioned the consolidation of democracy in Ghana, the growth in the economic indicators, and stressed public private partnership for development projects and job creation for the people.

In her response, Madam Bonino lauded the long standing relations between Rome and Accra, noting that there was a need to strengthen that cooperation which dealt with bilateral, economic and political issues.

She hinted that Italy was developing the Italy Africa co-operation under which Italy would seek the specific needs of selected African nations and chart new possibilities towards full fledged co-operation.

The Foreign Minister said her country also had new programmes for women in leadership and agri-business and food exports.

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