By: Dominic Hlordzi
The Minister for Energy, Dr. Matthew Opoku Prempeh, says Ghana’s energy industry has great opportunities for investment in both the power and petroleum sectors.
Dr. Prempeh stated this when he met the Mayor of Houston, Texas-USA, Sylvester Turner in Accra.
The Mayor is leading a delegation to the country on a trade and investment drive.
Recounting the relations between Ghana and the United States, the Minister highlighted the role the United States government played in the construction of the Akosombo Dam to provide hydro-electricity to the country.
Dr. Prempeh acknowledged Houston as “the energy capital of the world”, which made this visit particularly significant in respect of the opportunities for investment, collaboration and strategic partnerships in the sector.
He said Ghana is a good destination for investment in view of a stable political system, a robust legal framework, a viable fiscal regime, a good telecommunications system and warm, hospitable people.
Mayor Turner was excited about the visit to Ghana and stressed the need for partnerships that impact ordinary lives.
Heads of various energy sector agencies and other key players in the energy space were in attendance, whilst the Houston delegation was made up of members of the City Council and representatives from various oil companies.
