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Indian delegation in to explore investment

15/04/2015
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A 29-year-old graphic designer was Wednesday dawn shot dead by armed robbers at his Kwashieman residence.

The deceased, Francis Anderson, was sleeping when the robbers attacked him and his pregnant wife at about 1am.

It is unclear if the robbers, numbering three, took away any properties belonging to the deceased.

The deceased, a graphic designer who worked with E-volution International, got married in December 2014.
The Vice-President, Mr Kwesi Amissah-Arthur, has assured investors of the government’s commitment to reform the economy and make it more investor friendly, as well as improve on the lives of the people.

He said as part of the reforms, the government, among other initiatives, was making efforts to reduce the wage bill and limit subsidies in some sectors to help bring relief.

Mr Amissah-Arthur gave the assurance when a 36-member business delegation from India paid a courtesy call on him at the Flagstaff House yesterday.

Led by the Indian High Commissioner in Accra, Mr K. Jeeva Sagar, the delegation, comprising captains of industry, conferred with the Vice-President on investment opportunities in the country.

Some of the businessmen are considering the possibility of investing in the manufacturing and health sectors, while others expressed interest in investing in areas such as rural electrification, gold refinery and sugar production.

The visit of the delegation to the country follows a similar visit  by the Vice-President to India in November 2014, during which he impressed on Indian investors to come over to Ghana.
Other initiatives

In addition to reducing the wage bill and limiting subsidies, he said the government was working at restoring stability in the agricultural and manufacturing sectors to support the services sector which had achieved significant improvement.

Tracing Ghana’s economic history to the 1980s, Mr Amissah-Arthur said it had come a long way in terms of improved income levels and a reduction of extreme poverty.

He stated that Ghana’s transition to a middle-income status was achieved on the back of economic improvement, adding that in spite of current economic challenges, medium-term prospects were bright.

For his part, Mr Sagar described Ghana as a friendly destination for Indian investors and said India considered Ghana a partner in development.

He said the team was in the country to explore medium to long-term investment and asked them to take advantage of the opportunities in Ghana and invest in their respective areas of interest.
Apollo Hospital 

Some of the investors, who are from the Apollo Hospital in India, speaking to journalists, expressed interest in investing in Ghana’s health sector.

Ghana’s High Commissioner in India, Mr Sam Pee Yalley, who was instrumental in getting the Apollo Hospital officials to visit the country, commended Indians for their expertise in health delivery across the globe.

Source: daily graphic

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