President John Dramani Mahama concluded investment agreements worth over one billion dollars with Singapore for support Ghana's growth-oriented reset program economic, infrastructure development and job creation. These agreements cover key sectors such as agriculture, hotels, transport, education...

The three-day visit resulted in concrete partnerships covering agriculture, hotels, infrastructure and technology, going beyond the typical diplomatic exchanges for generate tangible trade commitments for the Ghanaian economy.

Foreign Minister Samuel Okudzeto Ablakwa, unveiled the investment program during press briefings that followed the return of the President of Asia. These agreements are part of the Mahama economic recovery program, which aims to accelerate growth and job creation.

Olam, the food giant based in Singapore, has invested 200 million dollars in the establishment of major installations food processing in Ghana. The company plans to build a 43,000 ton pasta factory, as well as facilities for production of feed for poultry and fish farms.

OLAM projects alone should generate 4 000 jobs, offering significant job opportunities in the chain of agricultural value from Ghana. These facilities would also make it possible to reduce dependence on imported processed foods while stimulating local agricultural demand.

The band Shangri-La announced an engagement again more importantly, by investing $300 million in a complex luxury hotel in Accra. This project will include a five-star hotel, a center high-end retail, a convention center and conference rooms, designed to position Ghana as the number one event destination of business in West Africa.

This investment in the hotel industry shows growing confidence in Ghana's potential in tourism and business travel matters. The major hotel chains international organizations consider the country to be an emerging hub for conferences regional and corporate events.