Regional News of Friday, 15 October 2004

Source: GNA

Government committed to private sector participation

Ahwiaa (Ash), Oct 15, GNA - Alhaji Akwasi Yeboah, Kwabre District Chief Executive (DCE), at on Friday said the government was committed to ensuring that the private sector participated meaningfully in economic development and would continue to encourage the inflow of private capital into the country.

The DCE who was speaking at the opening of a new hotel, Platinum Hotel Limited at Ahwiaa near Kumasi, said the government believed in the open market economy following the experience of the country in the first republic when some state-owned industries were looted and neglected. Mr Yeaboah said the opening of the hotel was therefore in line with the government's economic policy of making the private sector the engine of growth.

Alhaji Yeboah commended Mr and Mrs Atta Obri Manu owners of the facility and urged them to ensure high standard service for the public. Mr Charles Buabeng, Senior Marketing Officer of the Ghana Tourist Board (GTB) noted that the opening of the facility would help to ease the accommodation problem visitors and tourists faced in the area. Mr Manu said the building of the hotel was in response to the declaration of the Golden Age of Business by the NPP government.