Invest In Our Economy - Prez Mills

The President, Professor John Evans Atta Mills, yesterday received five envoys accredited to Ghana and appealed to them to impress on their respective business communities to come and invest in various sectors of the Ghanaian economy.

The envoys are Ms Jeanette Ndhlovu, South Africa; Mr Tullio Guma , Italy; Mr Omer Selim, Arab Republic of Egypt; Mr Gong Jianzhong, China, and Mr Costas Leontion, Cyprus.
According to President Mills, Ghana had immense economic and tourism potential and a flexible investment code from which investors from their respective countries could benefit.

President Mills proposing a toast to
Mr Tullio Guma, Ambassador of the
Republic of Italy, after he had presented
 his letters of credence

He said the country could boast fertile lands, massive water bodies and a skilled labour force which investors from those countries could easily access to start their enterprises.
President Mills explained that nature had also endowed the nation with large deposits of oil reserves and suggested that the investors could invest in various ancillary services associated with the industry.
He told the envoys that the country was also blessed with rich historical sites, nice beaches and wildlife which tourists from their countries could visit all y ear round.
President Mills assured the envoys that Ghana was a stable country and a bastion of good governance in the West African sub-region for which their investors could expect good returns on their investments.
President Mills further explained that the government was ready to facilitate the activities of the investors and safeguard their investments for as long as they operated within the confines of the law.
He thanked countries such as Italy, which had contributed immeasurably towards the development of the country, stressing that co-operation between Ghana and Italy dated as far back as to the First Republic under Osagyefo Dr Kwame Nkrumah.
President Mills said Italy, a developed economy, had more to share with Ghana in the area of scientific and technological expertise.
He also paid glowing tribute to China, Egypt and Cyprus and said those countries had contributed one way or the other to the present state of the country's development.
For their part, the envoys praised the democratic credentials of Ghana, describing the country as bulwark of democracy on the African continent.
According to them, Ghana, the first country South of the Sahara to attain independence from the British colonialists, has also shown the way toward genuine democratic development on the African continent.
They said the democratic experiment, which the country embarked upon in 1992 and which had seen successive governments, had won the country admiration within the international community.
The envoys pledged to deepen the existing bonds and relations between their countries and Ghana, stressing that investors in their countries were prepared to do business with their Ghanaian counterparts.
They praised President Mills for taking bold measures to improve the economy, improve the quality of life of the people, as well as contributing immensely to ensuring global peace.
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