Caribbean Investor Eyes Ghana
A LEADING Caribbean investor, Lawrence A. Duprey of the Caribbean Atlantic Holdings, has expressed interest in the finance and hospitality industry in Ghana.
His group, which is seeking investments in Africa, has already examined investment opportunities in the country.
The Caribbean investors, led by Mr. Duprey, paid a courtesy call on the Minister of Tourism and Diasporan Relations, Hon. Oboshie Sai Coffie at her ministry last Friday.
According to Mr. Duprey, other international investors are currently eyeing Ghana as an investment destination for transacting business alongside other West African countries.
He said his outfit has acquired a vast piece of land at Cape Coast where it plans to construct a five star hotel for tourists and others who may visit the area.
Taking into account the increasing opportunities outside the domestic market, the Caribbean leading investor said the group intends to invest in the financial services system as well.
“We will invest in the hospitality industry, thereby creating a resort that takes more than three thousand rooms of 60 rooms block in Cape Coast, which would start in August this year.”
Commenting on the investment commitment, Hon. Sai-Cofie noted that Mr. Duprey is a visionary who will be successful in Ghana.
She said Duprey's vision of growth, diversity and global competitiveness led to the establishment of CL Financial Limited, a holding company through which significant investments have been made.
According to the Minister, CL Financial Limited holds shares in over 66 companies in 33 countries worldwide and is considered the second largest conglomerate in the Caribbean.
She noted that Ghana's economy has exhibited elasticity and resilience, attracting many to invest in the country.
By Linda Tenyah