Togo seeks investors at Accra ECOWAS Fair

Togolese President Faure Gnassingbe
Togolese President Faure Gnassingbe

Mr Jonathan Aquereburu, Vice President of Togo Chamber of Commerce and Industry on Friday urged investors to visit his country as there are many opportunities available there.

He said Togo is a unique country, which has a stable economy as well as institutions that work effectively and it is very conducive for investment.

Mr Aquereburu said this when Togo held its national day at the on-going Economic Community of West African States (ECOWAS) Trade Fair in Accra.

He said Togo is a peaceful country with democratic governance where any business would succeed.

He disclosed that some of the areas that are available for investors are the tourism sector with more emphasis on hotels, the extractive sector where calcium, iron and marbles are available and the energy sector.

Mr Aquereburu said there are also tax incentives to promote business and available labour force to make any business thrive.

Ms Bernadette Lekezim Balouki, Togo’s Minister of Trade and Private Sector Promotion, said the country has good road network linking to other ECOWAS member states especially Ghana, Burkina and Benin.

She gave the assurance that government is working to expand infrastructure especially at the port to enlarge the cargo unit to be take more from the current 350,000 to 1.5 million.

She said Togo has a guaranteed financial market and a regulation that allows individuals to register their business within 24 hours.

Ms Balouki has therefore urged investors to take advantage of the numerous investments opportunities and invest in the country.

Source: GNA

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