2e29682d6e51bddca6128f3d8f7a2df5.ppt
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INVESTMENT OPPORTUNITIES IN THE CENTRAL REGION OF GHANA PRESENTATION BY THE CENTRAL REGION DEVELOPMENT COMMISSION (CEDECOM) Under the collaborative partnership of Mfantseman Kuw of California OCTOBER 2007
GHANA • • • Location: West Coast of Africa Capital City: Accra Land Area: 238, 537 km^2 Population: 18. 5 m (2000 Pop. Census) Est. 20 m today Type of Government: Constitutional democracy Commercial Language: English Currency: The Cedi (GHC) Climate: Tropical, Generally 21 -32 C Home of HE Mr. Kofi Annan, the immediate past Secretary General of UN
THE CENTRAL REGION OF GHANA • GHANA • • Capital City: Cape Coast Pop: 1. 6 million Land Area: 9, 826 km^2 Strategically located, 2 -hr drive from Accra International airport, Tema sea port and 45 mins drive from Takoradi sea port • Citadel of education in Ghana • Tourism heartbeat of Ghana
INVESTMENT POTENTIALS • ü ü ü • ü ü TOURISM Hotels, Restaurants, Amusement Parks Beach development, Water Sport facilities Travel and Tour Air Strip AGRICULTURE Citrus, pineapple, oil palm, sugar cane AGRO-PROCESSING Citrus and Pineapple Drinks Palm Oil Sugar MINING Salt Gold Quarry Kaolin into ceramics
INVESTMENT POTENTIALS cont’d • FISHERIES ü Fish processing – canning, cold storage ü Export of exotic fish ü Boat building and repairs • REAL ESTATE DEVELOPMENT ü Hostels in Universities and Polytechnic • ICT ü Data Outsourcing ü Assembly plant
Baduwa Hostel - UCC Oye Inn Hostel - UCC
Elmina Castle Kakum National Park – Canopy Walkway Tills Beach, Gomoa Fetteh
WHY INVEST IN GHANA • • • A stable multi-party political environment Economic stability Effective judicial system Fully liberalized economy Very peaceful and harmonious with a high degree of personal safety Abundant and rich natural mineral resource base Envy of international community for its good governance Free transferability of profits, dividends and capital gains Rated among the top 6 countries in Africa in terms of improving the business environment by UNCTAD • Rated among the top 6 countries in Africa in terms of attractiveness for FDI by UNCTAD • 3 rd best performing stock exchange in the world in 2004
WHY INVEST IN THE CENTRAL REGION OF GHANA • Only region in Ghana with a private-sector oriented development agency, CEDECOM • Visionary regional minister, chairman of CEDECOM Board • Highly educated, Skilled, Disciplined and Innovative workforce • Highly developed and reliable infrastructure • Safe and secured haven for investors • Favourable incentive packages
HOW TO INVEST IN GHANA SPECIFICALLY CENTRAL REGION • Liaise with CEDECOM, and we will facilitate the necessary processes including: • Registration of company with the Registrar General’s Department in Accra • Registration of company with the Ghana Investment Promotion Centre (GIPC), a legal requirement for all foreign investors • Environmental permit from Environmental Protection Agency (EPA) • Land acquisition and Documentation
ON GOING VENTURES SEEKING PARTNERSHIPS • Hotels ü Hans Cottage Hotel ü Oyster Bay Hotel ü Mighty Victory Hotel • ICT ü ABM Links Ltd • AGRO PROCESSING ü N&C Foods
INVESTMENT GUARANTEES • Ghana is a signatory to MIGA • Ghana has concluded 21 bilateral investment treaties • Ghana’s 1992 Constitution guarantees protection against arbitrary deprivation of properties • Ghana has instituted fast track commercial courts
CENTRAL REGION • • • Your number one investment destination Your safe haven to invest Come, our doors are wide open We are committed to do business together CEDECOM, your sure partner See you in the Central Region of Ghana • THANK YOU FOR YOUR ATTENTION