General News of Tuesday, 30 March 1999

Source: null

Invest in Ghana-Koreans told

Accra (Greater Accra) 30 March ?99

South Korean investors have been asked to inject more capital into the Ghanaian economy. Mr Edward Salia, Minister of Roads and Transport, who made the call on Monday, at a reception in honour of the visiting South Korean business delegation in Accra, said investment opportunities exist in the ports, roads, construction and other sectors of the economy.

The investment climate in Ghana is conducive, he said, adding that Ghana is restructuring the economy with opportunities for the foreign investor. Mr Lee Tae-Yul, Deputy Minister of Construction and leader of the delegation noted that several South Korean companies are working in Ghana. The delegation is in the country to explore more areas of bilateral and economic investment and pledged South Korea's support for Ghana.

Mr Seung Moo Park, South Korean Ambassador in Ghana, said the visit of the delegation is to promote more business relations between the two countries.