Obuasi MCE woos Indian investors to Obuasi

Last Updated on July 6, 2021 by Admin

The Municipal Chief Executive Officer Elijah Adansi-Bonah has extended invitation to Indian investors and investors all over the world to explore the enormous investment opportunities in Obuasi.
He said this when the Indian High Commissioner to Ghana, His Excellency Sugandh Rajaram paid a courtesy call on him in his office.
The Indian diplomat is in Obuasi on a day’s working visit. Under the auspices of the Obuasi Rotary Club, the visit will afford the opportunity for His Excellency Rajaram to foster relationship in terms of business and acquaint himself with the activities of the club.
Currently according to the MCE, Anglogold Ashanti (A.G.A) can now export 60% of the natural resources they produce and give Obuasi 40% therefore Obuasi needs investors with capital to invest in the 40% instead of going outside Ghana to buy Gold. He suggested that, Obuasi needs investors from India to add value to the raw materials.
Again , the MCE emphasized that Obuasi has the potential to become one of the vibrant and strongest economies in Ghana but cannotonly rely on Anglogold therefore they need to take advantage of the presence of Angolgold in order to diversify the local economy.
“we need investors to come rub shoulders with A.G.A so if you are here for business and build strong synergy then let your people come and invest here “
Still on investors, he said aside Gold, the mining city has not been left out in industrialisation drive that seeks to utilize raw materials because currently Obuasi is producing bolts and nuts and this makes lends credence to the fact that Obuasi has the potential to become a vibrant economy and needs investors to invest in the raw materials.
His Excellency Sugandh Rajaram on his part said he sees business a lot of opportunities in Obuasi therefore he will have discussion with local authorities to identify and explore such business opportunities and is looking forward for engagement with stakeholders for cooperation in business and social development to help increase and improve the livelihood of the people.
His Excellency Sugandh Rajaram further disclosed that, he will be happy to encourage businesses from India particularly small media entrepreneurs who has strong technology to come and establish businesses in Obuasi.
“The Government of India is committed to creating strong bond with Ghana to help make impact in the lives of Ghanaians with developmental assistance”
The Indian High Commissioner Sugandh Rajaram on his part lauded the Rotary club of Obuasi for their commitment to support the communities in and around Obuasi.
He stated that, there will be a collaboration between the embassy and rotary club in future to provide support.
The President of Obuasi Rotary Abdul Tahir Mumin said one of their key focus areas is to have clean water and good sanitation in the communities Rotary finds itself.
‘So far, we have constructed 19 boreholes and 60 micro flush in and around Obuasi’ said Abudul.
On project funding, Mr. Tahir said, all projects are no fully solely funded by the Obuasi Rotary but from other clubs and donors around the world and also their sister rotary club within Ghana.
President-elect for Rotary Club of Obuasi, Mr. Sarwan Kumar is expected to lead the club in the next rotary year in building a neo-natal ICU to support maternal and child health, a key focus area for Rotary. This facility will help reduce maternal mortalities and neo-natal death cases

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