Business

Bono East Minister woos Saudi investors for industrial partnerships

April 30, 2021 By 0 Comments

The Bono East Regional Minister, Kwasi Adu-Gyan, has begun wooing both local and international investors to invest in the region to create job opportunities for the unemployed youth.
The latest move was at a meeting held between the Minister and the Saudi Ambassador to Ghana, Mr Meshal Al-Rogi, at the Royal Embassy of Saudi Arabia in Accra on Monday, April 19, 2021.
At the meeting, Mr Adu-Gyan expressed the region’s readiness to partner Saudi investors.
He indicated that the government of Ghana was looking at making the region the dairy belt of West Africa. According to him, the dairy belt would enable cattle farmers to add value to their products.
It would create a supply chain to provide raw materials to industries that produce milk-based products such as powdered milk, cheese, yoghurt, baby food and others.
The Minister also mentioned investment opportunities in tourism, large scale vegetable farming, and block farming to supply raw materials to agro-industries in the country and beyond.
Welcoming the Minister to his office, Ambassador Meshal recounted the long-standing relationship between the people of Ghana and Saudi Arabia; a friendship which dates to the Nkrumah regime in 1960.
He was optimistic Ghana and Saudi Arabia would continue to build on the strength of the existing collaborative efforts to derive more benefits mutually.
The Ambassador further indicated that he had tasked Mr. Samuel Odoi Laryea, a business development executive and Chief Executive Officer (CEO) of Desiderata Investments Limited, who was in the meeting, to organise and facilitate a tour for a Saudi business delegation to the country later in the year.
He was hopeful that the visit by the delegation would yield profound benefits, and could lead to new business opportunities in the country.
He assured the Minister that the itinerary of the delegation would include a visit to the Bono East Region.



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