The Vice-President, Mr K. B. Amissah-Arthur, has called on Japanese investors to take advantage of huge investment opportunities offered by Ghana.
He said for instance that the current energy situation presented opportunities for investment in the power sector.
Mr Amissah-Arthur was speaking at meetings with the Japanese business community, after attending the United Nations (UN) World Conference on Disaster Risk Reduction in Tokyo.
A statement signed by Mr James Agyenim-Boateng, a presidential staffer, said the Vice-President urged players in the Japanese power sector to follow the example of Sumitomo Corporation of Japan by also investing in Ghana as independent power producers.
Strategic location
He observed that the rising energy needs of Ghana, coupled with the power supply deficit in a number of West African countries, made Ghana a strategic location for such investment.
The investment, Mr Amissah-Arthur noted, would not only help to address Ghana’s power needs but also help make the country a net exporter of power to neighbouring countries.
Short-term measures
Touching on the short-term measures to address the energy situation, the Vice-President urged Japanese companies with good record in the management and restoration of power to especially disaster-ravaged areas of their country, to also deploy such technologies in Ghana, even as the government worked to fix the situation in the long term.
As part of the short-term measures, Mr Amissah-Arthur said the government would roll out renewable energy solutions in order to save small businesses from the effects of the power challenges.
He, therefore, urged Japanese companies to also take advantage by providing off-grid renewable energy solutions to Ghana.
Investment opportunity in Ghana’s oil and gas sector was also a subject of high interest for the investors in Japan.
Source: Daily Graphic
