Business

‘We won’t build Ghana for foreigners’ – Ken Ofori Atta

Government will take measures to protect local businesses from foreign competitors, the Finance Minister, Ken Ofori Atta has said.

In response to concerns raised by the President of the Association of Ghana Industries , James Asare Adjei on competition from foreign investors at the maiden National Policy Summit, the Minister said there should be no apologies over government’s desire to see local companies flourish at the expense of foreign ones.

“There should be no apologies about a preference that the world knows that we are going to be bias towards our[Local] companies within the framework of whatever we have. I think boldness should come and we should be clear about that …“When we were even talking to the Millennium Challenge Account, Cabinet and the presidency went back and said unless it is majority Ghanaian owned concession, we are not taking it..so this thing about being timid and we can’t, I think the world should begin to know, foreign investors who are coming should begin to know that it’s Ghana first and indigenous Ghanaians.

I can’t think that I am going to be waking up at 4am, coming to the ministry and working until 11pm and by the time I wake up in ten years I have built this country for foreigners, it’s no.”

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