GASCO Engineering Ltd, a Pakistan-based engineering company, has expressed interest in setting up a permanent presence in Ghana to explore opportunities in the country’s oil and gas, mining and infrastructure industries.
The company’s Chief Executive Officer, Syed Faysal Hussain Naqvi, discussed the proposed investment with the Deputy Chief Executive Officer of the Ghana Investment Promotion Authority (GIPA), A. Razak Baba.
During the engagement, Mr Baba outlined investment prospects in Ghana and the assistance GIPA provides foreign businesses seeking to establish operations in the country.
These include support with investment facilitation, business registration, incentives and regulatory procedures.
Mr Naqvi said GASCO Engineering was interested in applying its engineering and oil and gas infrastructure expertise to projects in Ghana.
He referenced the company’s experience with projects involving ENI and BP in Pakistan as part of its technical background.
The company is also considering opportunities in Ghana’s mineral sector, particularly gold, copper and other mineral resources.
Mr Naqvi further indicated that the company’s approach to potential investments would prioritise environmental protection, local value addition and the development of local skills.
The engagement forms part of GIPA’s efforts to present Ghana’s investment opportunities to prospective foreign investors.
