Canadian Commercial Corporation pledges more investment in Ghana

Mr Marc Whittingham, the President of the Canadian Commercial Corporation (CCC), has pledged to increase the Corporation’s investments in Ghana.

He said this during a meeting with visiting President John Evans Atta Mills in Ottawa, Canada, lauding the Government for providing a strong environment for the flow of investment and promising an increase in CCC’s participation in the Ghanaian economy.

With a total investment of more than two billion dollars, different Canadian companies, under the umbrella of the Corporation are engaged in a number of projects in Ghana which include areas in energy, hospital infrastructure, rail expansion, mining, technology transfer and power generation projects.

Some specific projects being executed with the help of the Corporation are found in the Tamale Teaching Hospital, Tema General Hospital Housing Project, the Aboadze Thermal Plant among others, with more utilization of local content in the projects.

Mr Whittingham praised Government for creating a sound investment climate, strengthening the practice of the rule of law, democratic governance and political stability adding that, “opportunities exist for a win-win situation”.

He praised Ghana’s role within the Commonwealth and her peacekeeping initiatives around the world and renewed the commitment of the Corporation, which is equivalent to a chamber of commerce to keep an enduring and lasting relationship with Ghana.

He described the visit of President Mills as rare, and announced that their involvement with the Aboadze Project would be renewed next year.

President Mills praised Canada for its interest in the development of Ghana adding that several Canadians are volunteering in projects in some deprived areas of Ghana.

He said Ghana would continue to maintain a fruitful relationship with Canada, where he was once a lecturer at the University Of British Columbia.

President Mills urged Canadian investors to take advantage of the sound investment climate in Ghana, which had a vibrant judicial system and good returns on investment.

Source: GNA

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