Vice President Addresses Indian Investors

The  Vice  President,  Mr  K.  B.  Amissah-­Arthur,  on  Monday  called  for  greater  collaboration   between  India  and  Africa.        

Mr  Amissah-­‐Arthur  made  the  call  when  he  addressed  the  opening  session  of  a  two-­‐day   investment  summit  in  New  Delhi,  India.    

Dubbed  the  “11th  Confederation  of  Indian  Industry  (CII)  EXIM  Bank  Conclave  on   Indian-­‐African  Project  Partnership”,  it  is  the  single  largest  gathering  of  Indian   industry  players  with  their  African  counterparts  under  the  auspices  of  both  the  Indian   EXIM  Bank  and  the  CII.    

The  summit  is  focusing  on  agriculture  and  agro-­‐processing,  power,  skills  development   and  other  sectors  targeted  for  support  under  the  improved  Indian  Government  Lines   of  Credit  to  developing  countries.    

Addressing  participants,  Vice  President  Amissah-­‐Arthur,  pointed  out  that  India  and   Africa  have  to  further  deepen  economic  cooperation  for  the  mutual  benefit  of  their   people.    

“We  believe  that  India  understands  and  appreciates  the  structure  of  our  economies   and  our  principles.    That  is  why  we  are  optimistic  that  enhancing  economic  relations   with  India  will  be  more  responsive  to  our  call  for  the  creation  of  a  more  inter-­‐related   stability  and  security  that  is  required  to  get  rid  of  short-­‐term  volatility  and  longer-­‐ term  uncertainty”,  he  said.    

Mr  Amissah-­‐Arthur  said  Ghana  seeks  to  build  a  prosperous  society  in  a  growing   democracy  with  a  vibrant  press.  He  also  touted  the  country’s  enviable  record  of   political  and  social  stability  in  the  West  African  sub-­‐region,  whilst  emphasising,   “Ghana  has  a  competent  and  easily  trainable  workforce”.    

“Ghana  is  a  great  location  for  reaching  out  to  the  300  million  people  in  the  ECOWAS.   Our  doors  are  open  to  Indian  investors  and  we  look  forward  to  doing  business  with   you.    Ghana  is  open  for  business”,  the  Vice  President  added.    

In  2015,  India  was  the  second  in  terms  of  the  number  of  investment  projects   registered  by  the  Ghana  Investment  Promotion  Centre  and  the  ninth  in  terms  of  value.