Canadian Investor Storms WR

Scott Brison in a photograph with some members of the Regional Coordinating Council

The Vice President of the Bank of Montreal in Canada, Scott Brison has said he is enthused that Ghana had seen lots of progress in the last two years under the current government.

“There has been great economic growth, drop in inflation from 17 per cent to about eight per cent. The country’s fiscal situation has also improved significantly”, he noted.

He continued “Beyond that Ghana has seen more investments and strong economic turnaround. In fact the current government is making the right decisions for the future”.

The Vice President of the Bank of Montreal stated this in an interaction with some of the staff of the Western Region Coordinating Council.

Scott Brison was in the region for a day’s visit to look out for investment opportunities in the region.

The visit followed a recent one to Canada by the Western Region Minister and some District Chief Executives of the region for the Global Petroleum Show held in Canada.

Scott Brison’s visit also took him to the $20 million PSG Oil Mill Factory in the Wassa East District of the region which is near completion.

He also visited the Aboadze Power Enclave in the Shama District and the Takoradi Harbour.

Mr Brison indicated that the relationship between Ghana and Canada was a very strong one.

To this end, he added that there were a lot of business opportunities for Ghana and Canada to work together in the areas of mining, energy, oil and gas as well as railways and roads.

“I believe my bank, which is a global financial institution could be a good partner”, he pointed out.

Minister

Welcoming Scott Brison to the region, the Western Regional Minister disclosed that the region contributes about 60 per cent of the country’s Gross Domestic Products (GDP).

He added that the business opportunities in the region were enormous, coupled with the favourable investment climate available.

He noted that all minerals mined in Ghana, including gold, manganese and bauxite, were found in the region and that extractive materials required for the construction like sand, stone, clay, lime and kaoline were all in the region.

“We look forward to fruitful and lasting social and business relations between the cities in the western region and Canada; and between business enterprises here and your country”, the Regional Minister stressed.

From Emmanuel Opoku, Takoradi