• Posted on: 19 September 2017
  • By: MOTIMod

Come December 8, 2017, the Ministry of Trade and Industry in collaboration with Millennium Excellence Foundation will be hosting the first ever Ghana Expatriates Business Awards.

Launching the Awards, Mr. Alan Kyerematen, the Minister of Trade and Industry, noted that for the first time since Ghana’s Independence, His Excellency President Nana Addo Dankwa Akufo-Addo, the Government and the hardworking people of Ghana will acknowledge the immense contributions made by the very important Expatriate and Naturalized Expatriate Partners towards the country’s sustained economic growth and foreign direct investments.

According to the Minister, the Expatriate business community in Ghana has over the past 60 years contributed significantly through Trade, Investment and Industry. “Indeed, throughout the economic depression era, coups d’états, energy crisis popularly known as “dumsor” and change of governments, these groups of foreign origin citizens, some naturalised, have continued to invest hundreds and millions of dollars in our economy. To all these gallant people, we say ayekoo!!!”

Mr. Kyerematen was happy that today, Ghana can boast of a number of thriving businesses whose roots are traceable to the efforts of the expatriate business community.

He said government has established measures that would continue to create a congenial environment for the development and growth of business in Ghana.

“Ghana used to be one of the top performing countries on the 10 indicators of Doing Business Index of the World Market, but unfortunately we have slipped back so badly that we are now 108 on this index.

“We have a comprehensive programme for improving the business regulatory environment and one of this is to take action and implement reforms in the 10 indicators of Doing Business Index of the World Bank to move from where we are to occupy the first position in Africa", Mr. Kyerematen said.

He said government would also introduce an electronic register of business regulations, procedures and processes to document all regulations pertaining to businesses. He thus encouraged the expatriate community to continue, as they have always been doing, to support government’s industrial transformation agenda to make Ghana one of the most sought after investment destinations globally

Mr. Carl Richards, a member of the Board of Directors of the Millennium Excellence Foundation, hoped that the expatriate community will fully support the organisation of the awards to make it sustainable.

Mr. Ashok Mohinani, the Executive Director of Poly Group of Companies, on behalf of the expatriate community, commended the organisers of the awards for the laudable initiative.

Add new comment