Mr. Afotey Agbo (second from right) in a group picture with the delegation. In the middle is Mr. Abdul Sabour and Madam Nadida Nostafa El Dakak (third from right).
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25th June, 2012
Egyptian, Saudi and Greek Investors To Inject $5billion Into Economy
A delegation of businessmen from Egypt and Saudi Arabia is in the country to explore areas where it can invest capital.
It was led by Mr. Abdul Sabour, representing a conglomerate of Egyptian, Saudi and Greek firms and Nadida Nostafa El Dakak, a senior attorney of an Egyptian law firm Eldakak, which oversees the legal interests of the companies forming the group.
The group, according to Mr. Sabour, has an initial investment capital of $5billion and is interested in the development of real estates, hospitals and markets in the country.
The delegation has already met with the Greater Accra Regional Minister, Nii Laryea Afotey Agbo for discussions on their mission.
The Regional Minister warmly welcomed the group and said Ghana would embrace such investors, especially those who come in with Build, Operate and Transfer (BOT) packages. He briefed the group about the investment climate of the country and the opportunities it presented to investors.
He said attracting foreign direct investment continued to be a priority of the government, adding that it had maintained the encouragement of foreign investment in Ghana as an integral part of Ghana's economic policy. He urged the delegation to see how best their investment packages would benefit both sides.
Meanwhile the delegation is expected to meet with the Minister of Works and Housing, Mr. E.T. Mensah and the Vice President, Mr. John Mahama.
It was led by Mr. Abdul Sabour, representing a conglomerate of Egyptian, Saudi and Greek firms and Nadida Nostafa El Dakak, a senior attorney of an Egyptian law firm Eldakak, which oversees the legal interests of the companies forming the group.
The group, according to Mr. Sabour, has an initial investment capital of $5billion and is interested in the development of real estates, hospitals and markets in the country.
The delegation has already met with the Greater Accra Regional Minister, Nii Laryea Afotey Agbo for discussions on their mission.
The Regional Minister warmly welcomed the group and said Ghana would embrace such investors, especially those who come in with Build, Operate and Transfer (BOT) packages. He briefed the group about the investment climate of the country and the opportunities it presented to investors.
He said attracting foreign direct investment continued to be a priority of the government, adding that it had maintained the encouragement of foreign investment in Ghana as an integral part of Ghana's economic policy. He urged the delegation to see how best their investment packages would benefit both sides.
Meanwhile the delegation is expected to meet with the Minister of Works and Housing, Mr. E.T. Mensah and the Vice President, Mr. John Mahama.
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