Ghana is set to take advantage of this year’s exposition in Dubai, United Arab Emirates to revive investments in its economy and at the same time, help restore economic growth as the country emerges from the economic downturn due to COVID-19.
Dubbed “Dubai Expo2020”, the event is projected to bring together approximately 192 countries and is expected to draw between 25 to 30 million visitors, making it the largest international gathering of its kind in the UAE and the history of expositions.
The event starts from 1 October 2021 to 31 March 2022.
Addressing journalists at a press conference in Accra on Monday (27 September), on the country’s preparedness towards the Expo, the Deputy Minister for Trade and Industry, Herbert Krapa said it provides Ghana with a golden opportunity to showcase the country’s trade potentials, investment opportunities and tourist destinations on a global stage.
“Ghana’s participation in the Expo is intended to underscore government’s industrial transformation agenda, promote private sector businesses, and showcase our investment opportunities to attract investment into critical sectors of the economy, such as energy, trade, water and sanitation, environment, agriculture, education and tourism.
“It will also offer us an opportunity to display our rich cultural heritage, promote value addition to our abundant raw materials and highlight our friendly business climate,” he said.
Krapa said the exhibition strategy of Ghana presents opportunities in trade and investment, banking and finance, infrastructure and telecommunications technology, mining, oil and gas, agriculture, manufacturing, textiles and garments, healthcare and pharmaceuticals, education, property, and real estate that investors can tap into.
On his part, the CEO of the Ghana Investment Promotion Center (GIPC), Yofi Grant, said for Ghana to reap the benefits of the Expo, the government has earmarked key business-related activities to be undertaken as part of Ghana’s participation in the event.
He said the planning committee has put together a Ghana Business and Investment Forum where various investors will meet to explore areas in the Ghanaian economy that they can direct their investments towards.
Additionally, he indicated that there will be monthly presentations by experts on investment opportunities in sanitation and environment, food and agriculture, energy, education, tourism, culture and arts, lands and natural resources, noting that the presentations will centre on opportunities for food, agriculture and livelihood, travel and connectivity, and opportunities in knowledge and learning.
Source: Daily Mail GH