Relations with Japan and the delegates are expected to highlight investment opportunities in the financial services sector, health, transport infrastructure, especially railway, real estate, agri-business, manufacturing, and industry.
The delegation also includes; the Minister for Roads and Highways, Deputy Ministers for Trade, Information and Health, as well as the Deputy Governor of the Bank of Ghana.
The high point of the delegations’ agenda is the meeting with the Japanese Deputy Prime Minister and Minister for Finance, Taro Aso, during which they will apprise the Deputy Prime Minister about Ghana’s recent macroeconomic development and achievement and the poise for economic transformation.
“I particularly look forward to this meeting with the Deputy Prime Minister, in which we would reiterate our aspirations towards a Ghana beyond Aid which in the medium term needs a critical mass of international support to achieve the aspired transformation”, Mr Ofori-Atta said.
To broaden and expand the investor base of Ghana’s bonds, the Finance Minister and the Deputy Governor will hold strategic meetings with portfolio and asset managers where they hope to whip up appetite for Ghanaian instruments.
Ghana recently gave indication of a possible issuance of Samurai and Green bonds in the near future.
An equally high point on the agenda is the planned business seminar during which the Finance Minister and Officials of GIPC will make a pitch to investors and officials of the Japan External Trade Organisation (JETRO), the organisers of the seminar.
JETRO, is a Japan government-related organisation that works to promote mutual trade and investment between Japan and the rest of the world. Originally established in 1958 to promote Japanese exports abroad, JETRO's core focus in recent times has shifted toward promoting foreign direct investment into Japan and helping small to medium size Japanese firms maximize their global export potential.
While in Japan the sector Ministers will meet key government officials and the related businesses from the private sector to outline and explore possible areas of investment and cooperation in road and rail development, health and trade. Other critical engagements include; a meeting with the Japan Bank for International Cooperation as well as with the State Minister for Foreign Affairs and officials of JICA to conclude the Ghana Japan Bilateral Investment Treaty.
The delegation will take the opportunity to meet and interact with Ghanaians in Japan to highlight the economic transformation, opportunities to invest in the government’s priority projects as well with the proposed Diaspora Bond. A private sector group from Ghana, organised by the GIPC will also be in Japan at the same time to explore business opportunities in the Japanese Market.
In the current budget, government has many programmes and policy initiatives with incredible potential to transform the country’s economy and achieve a ‘Ghana beyond Aid’ in the medium to long term.
It is expected that this mission will strengthen Ghana's investment and trade relations with Japan.
A delegation led by the Finance Minister undertook a similar visit to Singapore and Hong Kong in February resulting in a high interest of fund and asset managers in Ghanaian bonds as well as new business.
Source: Daily Graphic
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Massa; I thought we were told that there was money in Ghana and that when Nana Addo assumes power they will easily find the money to run Ghana and what about starting to retrieve the monies from Abuga Pele because it is no point jaining this thiff for him to come and enjoy his stolem cash ;SO WHAT HAS HAPPENED !!!!and what is this traveling and borrowing expedition by this finance minister Ofori-Atta another arrogant kyebi relative of Nana Addo ;the fact of the matter is that using other peoples money to invest and make money and become rich over night any full can do without being a financial genius ; Ofor-Atta is not creative person and cannot create wealth because you need to create wealth before you can start reducing the deficit ; you cannot rely on the few to pay whilst the majority seem to dodge paying and stilling ; today 1% of the population including politicians owe about 60% of the resources of Ghana ; go to affluent places like East Legon and other places with building assets costing over $4 million ; the QUESTION IS DO THEY PAY TAXES ? ; it is no point relying on importation taxes to balance the deficit ;IT WILL NEVER WORK !!!!;Churches of any shade should be made to pay taxes NOW !!!!!and should ot be regarded as charities anymore ; even GOd will approve of such taxes !!!!
super incompetent finanace minister. see his moron face tweaaaa!!!!
These people have no regard for their own reputations!!! THEY TILD US POINTEDLY THAT THE MONEY WAS HERE IN GHANA!! (SIKA NO WO AHA)!!! They think Japan has time for losers??!!
Waste of resources sika die basaaaaa. Can't u sit at home and think and stop wasting our money on travel. If they tell u their per diems u will marvel. Corrupt as always with family and friends