General News of Friday, 16 July 1999

Source: GNA

Mills receives Israeli investment group

Accra, July 16, GNA - Vice-President John Atta Mills on Friday received a six-member investment group from Israel and assured them that conditions are favourable for genuine investment in the country.

He said government has over the years restructured the economy and has removed distortions with the promulgation of appropriate laws and regulations to ensure good returns on investments.

The Israeli group, Bold Spiritual Initiatives International, is in the country to explore and establish businesses. Their target sectors include communication, agriculture and tourism.

Prof. Mills said he was happy that the group, made up of experts and Executive Officers of various business concerns, has recognised government's goodwill and considered Ghana for investment.

He urged them to give priority attention to agriculture because that sector is government's top priority. Besides, they should evenly spread their investments across the country and guard against the tendency of restricting themselves to a particular area.

Prof. Mills said government on its part would play the role of a facilitator towards the realisation of their dreams. P

rince Asiel Ben-Israel, who led the group, said it is encouraged by the government's desire to lift Ghana up and pledged the members' commitment to attracting businesses from other parts of the world to Ghana.