Ghana is safe haven for investment- Canadian High Commissioner

THE Canadian High Commissioner in Accra, Mr Darren Schemmer, has stated that Ghana and some parts of Africa offer the safest opportunity for investment, in view of the current turbulent financial crisis in the West.
He said the sound economic stability the country was experiencing was as a result of its credibility in international trade.
Mr Schemmer, who was addressing a group of delegates on a trade mission to Canada in Accra, said although the global financial crisis would have an impact on African economies, he believed that so far Africa had shown a lot of prospects and was the best place for foreign direct investment.
He said current reports indicated that import and export trade relations between Ghana and Canada had seen a growth of about 20 per cent and urged all corporate organisations and businesses to take advantage of the investment opportunities in the two countries.
The trade mission, which seeks to create awareness of investment opportunities within the two countries, was organised by the Canadian Chamber of Commerce-Ghana (CCCG), in partnership with the Ghana Investment Promotion Centre (GIPC).
Among the delegates on the trade mission are representatives from the Ghana Chamber of Commerce, the Ghana Free Zones Board, the Ghana Immigration Service, the Customs, Excise and Preventive Service, the Ghana National Petroleum Corporation, the Association of Ghana Industries, the Minerals Commission, the Ghana Ports and Harbours Authority and private businessmen and women.
The Chairman of the Planning Committee of the trade mission, Mr Dela Gadzanku, told the Daily Graphic that the trip sought to further deepen existing trade relations between Ghana and Canada.
“The mission also seeks to encourage the formation of a strategic business alliance, joint ventures and the export of Ghanaian products onto the Canadian market,” he added.
He said as part of the mission, a business forum would be held in Toronto, Canada, on the theme, “Investment Opportunities in Ghana”.
The President of the CCCG, Alhaji Abudulai Nantogmah, thanked the Canadian High Commissioner for his support in making the trip possible and expressed the hope that the mission would be beneficial to all the delegates.