CEDECOM to evolve measures to improve investments

Madam Ama Benyiwa-Doe, Central Regional Minister

CEDECOM to evolve measures to improve investments
November 13, 2009
She noted that even though the region was a preferred investment destination due to its strategic location with its numerous economic potentials, efforts should be made to address some challenges that discouraged investors from investing in the area.

Mrs Benyiwa-Doe said this when she opened a one day investment forum organised by the CEDECOM under the theme: "Making the Central Region a Preferred Investment Destination: Prospects and Challenges," in Cape Coast.

The aim of the forum was provide a platform for investors, entrepreneurs, financiers and development partners to interact and deliberate on issues of trade and investment.

She admitted that even though some of the bottlenecks such as access to land and finance were being addressed by the Land Administration Project (LAP) and some financial organizations, more should be done to forestall economic stagnation.

She gave the assurance that CEDECOM would receive the needed support from government to enable it play its pivotal role particularly in championing the growth of the private sector for the overall development of the region.

She therefore urged the participants to further explore available options to address the high poverty situation in the region.

He gave the assurance that the forum would not be a talk shop but would expose the tremendous investment opportunities, technical assistance and financing options and incentives available in the region for concrete and pragmatic actions to be taken to create jobs and enhance the living standard of the people.

GNA