Trade and Industry Minister, Dr. EkwowSpio-Garbrah, has requested the Indian government to help in the training of both public and civil servants to improve upon their efficiency and effectiveness in order to offer the much-needed services the private sector requires, if Ghana was to improve on its economic performance.
“Ghana can only succeed in her economic development if the public and civil service understand and support the business cycle”, he said.
The Minister, made these statements when the India High Commissioner, His Excellency, JeevaSagar, paid a courtesy call on him recently.
Dr. Spio-Garbrah said, Ghana sees India as a pace setter in the area of Science, technology and research and, therefore, impacting such knowledge and skills on a friendly country like Ghana was most welcomed.
The Minister, said Ghana-India relationships dates back to the time of Ghandi and Nkrumah and this has seen significant progress over the years. Dr. Spio-Garbrah said his only pre-occupation now is to look for direct equity investors to add value to Ghana’s cocoa and gold and therefore invited the Indian business community to direct their investments in the jewelry sector. India is a global hub for jewelry and therefore taking advantage of huge deposits of gold in Ghana and adding value for the local and foreign markets would bewelcomed, the Minister noted.
‘Already, Ghana has earmarked export processing zones to serve as land banks to fast-track land for investors’, he explained.
Dr. Spio-Garbrah said India is ahead in Information Communication Technology and welcomed India to support Ghana in the improvement of the operations of the Trade and Industry sector to enable it play its role as expected.
In his response, the Indian High Commission, Jeeva K. Sagar said he has tasked the Indian business community to start manufacturing pharmaceuticals in Ghana.
He said the warm relationship between the two countries should spur the investor community in India to re-locate in Ghana.
“I am aware of the Ghana’s commitment to diversify export and Indian is prepared to help in this direction” he retorted.
The High Commissioner revealed that already India business Community has invested over $750 million in the country, but there is the need to increase this by focusing on key sectors worthy of investments.
Mr. Sagar was of the view that the establishment of a Ghana-India Chamber of Commerce would be given a priority to enable both countries benefit from the investments opportunities available.