[ 2014-08-29 ]

Business and Financial Times investment fair underway
Takoradi, Aug. 28, GNA -The second Western
Business and Investment Fair (WEBIF), has opened
in Takoradi to promote trade and Investments among
corporate and business entities through effective
business networking.

More than 35 exhibitors made up of stakeholders in
trade, insurance, manufacturing, finance,
agriculture, food and beverages, educational
institutions as well as services ranging from
large organisations and small and medium
enterprises are participating in the fair
organised annually by the management of Business
and Financial Times (B&FT.)

Mrs Edith Dankwa, Chief Executive Officer of B&FT
noted that WEBIF has become a significant event
not just on the calendar of the company but also
of the Western Region.

According to her, the region is a place of
extraordinary opportunity, since it is the
backbone of Ghana’s cocoa history, has mineral
resources, oil among others.

‘‘As a media organisation, we see
opportunities for this region that investors and
entrepreneurs may tap into,’’ she said.

She therefore encouraged the various businesses
operating in the Region to collaborate in
exploiting opportunities and achieve more through
collective talents capital and resources.

The four- day fair would draw trade and investment
opportunities from other parts of the country into
the Region.

She said companies could help in unleashing the
tremendous economic potential of the Region and
help the people especially the youth to achieve
their dreams of sustainable employment and
alleviate poverty.

‘‘The B&FT is ready to be a facilitator and
advocate this vision using our media and channels,
including this fair, where we bring people in
government to interact with the private sector and
share mutual concerns.”

Dr Ekwow Spio-Garbrah Minister of Trade and
Industry in a speech read on his behalf noted that
business and investment could create jobs, which
would ultimately bring about wealth creation and
alleviate poverty.

He said it is on this backdrop that government is
poised to develop functional structures that would
attract foreign investors and stimulate domestic
entrepreneurship.

‘‘I therefore entreat prospective investors to
bank on the government’s enthusiasm and harness
the resources in the Region to propel the
socio-economic development of the country.’’
he said.

He said government is not relenting on its
commitment to improve the macro economic climate
and ensure that the private sector is not crowded
out “ we will continue to implement policies
aimed at maintaining sound fiscal discipline that
will reduce inflation and interest rate”.

Mr Paul Evan Aidoo, Regional Minister in an
address read on his behalf said most small and
medium enterprises are ready to develop when
giving the necessary support to expand and
contribute their quota to the development of the
country and create jobs for people.

He said local enterprises are not against foreign
competition but simply want support to be able to
compete.

Source - GNA

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