President encourages investment in agricultural business


Opening a new $55 million wheat mill yesterday, President John Atta Mills encouraged greater investment in the agri-business and agri-processing sector.

The mill which is owned by Olam Ghana, a subsidiary of Olam International of Singapore, is one of a number of ventures within the agricultural sector being encouraged by the government. The president was at pains to point out that the discovery of oil and gas in territorial waters would not blind the government to the growth of investment in other sectors.

In a press release published on the presidential website the president is reported as saying that “The Government of Ghana recognises the role the private sector plays in any growing economy and we also know the crucial role the agriculture sector has to play, and must play, in the growth of the economy”.

The president also said “in line with our ‘Better Ghana’ agenda, we will continue to provide the necessary resources and create the right environment to make it even easier for investors to find Ghana an attractive investment destination.

Government is committed to surmounting the challenges that face the agric sector and will continue to forge a close relationship with the private sector in this regard”.

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