Add Value To The Economy - Minister

Mr Felix Owusu-Agyapong

Ghana's Minister for Energy, Mr Felix Owusu-Agyapong, has urged foreign companies operating in the country to endeavour to add value to the nation's economy to make it more vibrant.

The Minister expressed misgivings on  the situation where foreign companies come to the country to undertake business ventures and at the end take everything they gain back to their country.' This is  not the best he said. He appealed to re-invest in the country to open more job opportunities for the people to increase their earning capacity.

Mr  Owusu-Agyapong said this when officials of the Elsewedy Electric Ghana Limited called on him at his office in Accra to update him on the operations of the company in Ghana.

He urged the management of the company to endeavour to partner  the Electricity Company of Ghana and find a lasting solution to electricity tariff system in the country so that the poor could afford to pay and make life bearable for them since the current system has no provision for the poor.

The Executive Vice-Chairman of the Elsewedy Electric Ghana Limited, Mr Yaw Darkwa, expressed the company's gratitude to the government for their investment in the country and expressed the optimism that the company would expand their operations in the country.

He hinted of establishing a factory that could produce metres both pre-paid and the credit metre. The Executive Vice-Chairman noted that currently, the company produces fibre glass, cables, transformers, transmission distribution as well as electric poles.