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UK investors eye railway other sectors – UKGCC CEO reveals


Chief Executive Officer of the UK-Ghana Chamber of Commerce (UKGCC), Tony Burkson, has disclosed that his outfit is poised at driving trade and investment agenda in Ghana to greater levels.

 “We intend to work closely with the GIPC to promote Ghana as an investment destination for British FDI and Technical expertise. Expect to see UK participation in railways, infrastructure, healthcare & technology,” he said.

Mr. Burkson said this in his address at the maiden edition of the ‘Business Excellence Awards and Dinner Gala’ held at the Mövenpick Ambassador Hotel in Accra.

The award ceremony is aimed at acknowledging excellence in business among companies operating in Ghana.

They also sought to create a platform for interactions between members of the chamber, top government officials of Ghana, as well as other key players in Ghana’s corporate community.

In his speech, Mr Burkson indicated that “as a result of the strong fiscal discipline and macroeconomic prudence of this administration, led by the ever serene and competent Finance Minister and his team...Ghana is again an exciting investment destination and I can confidently say that interest in doing business in Ghana from UK companies has shot up over last few months”.

He further stated that there was the need for government to initiate predictable and fair policies that are good for investment decisions with long-term views.

“What we ask from the Government is predictable and fair policies. Investment decisions are made with a long-term view and constant changes in the policy outlook can affect investment decisions in the short term,” he said.

He added that “asking small SME's and other medium-sized companies looking to invest in Ghana to demonstrate $500k worth of capital available seems to be an overkill in my opinion”.

Mr Burkson also expressed optimism in the new GIPC bill to help in the rectification of the anomaly.

In attendance at the awards were the Minister of Finance Ken Ofori-Atta, Deputy Minister of Trade Carlos Ahinkra, Chief Director of Business development Joe Tackie, British High Commissioner to Ghana H.E. Iain Walker, Deputy High Commissioner to Ghana Gavin Cook, Head of Investments and Business Development for the Office of the VP, Kadijah Amoah , Kow Essuman, Counsel in the office of the president.