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There is vast scope for investment by Indian companies in Ghana, especially in sectors such as agriculture and infrastructure development, the High Commissioner of Ghana, Mr Robert Tachie-Menson, said here on Monday. Investment opportunities also exist in sectors such as human resource development and oil, gas and energy.
According to the High Commissioner, the Ghana government has an aim of universal access to electricity by 2020 and is, therefore, looking for investments and partnerships to fill a shortfall of 3,000 MW.
“There are tremendous opportunities for Indian companies and investors within the electrical and engineering sectors, consumer appliances and heavy industrial equipment for production, transmission and distribution,” he said.
Mr Tachie-Menson added that the (Ghana) government has already introduced a Free Zone concept where it provides tax exemption on all imports and exports, profits for 10 years and a total exemption from tax on dividends.
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