The President of the Republic, Nana Addo Dankwa Akufo-Addo, says the modest successes his government has chalked in transforming Ghana’s economy, over the past 20 months, is being recognised by the global business community, that is now eager to engage with Ghana.
According to President Akufo-Addo, his government’s overarching goal to diversify the Ghanaian economy, from being a producer and exporter of raw materials to dealing with the world on the basis of things we make, continues to receive major boosts from major multi-national companies seeking to invest in Ghana.
The decision by two global car giants, Volkswagen of Germany and Sinotruk of China, he said, to establish very soon assembly plants in Ghana, with the intention, in the medium term, of producing their vehicles in the country, is a case in point.
“Tech giant, Google, has also decided to base its African Artificial Intelligence Centre in Ghana, which will make it the first in Africa. ExxonMobil has also signed an agreement with the Ghana National Petroleum Corporation (GNPC) to undertake deep-water oil exploration and production,” President Akufo-Addo said.
He continued, “For us, the rapid enhancement of foreign direct investment is an essential ingredient in realising our vision of a Ghana Beyond Aid, that is building in Ghana a strong, productive economy, capable of generating a dignified, prosperous existence for its people, and banishing the spectre of poverty.”
President Akufo-Addo made this known on Monday, 24th September, 2018, when he delivered an address at the US-Africa Business Centre, where he received the 2018 Outstanding Leader’s Award.