Central Bank measures not meant to frustrate investors – Veep

VEEP-CHINESEThe Vice President, K.B. Amissah-Arthur, says the recent measures announced by the Bank of Ghana are not meant to frustrate investors. Rather, they are aimed at reducing over dollarization of the economy.

The Vice President pointed this out when he hosted officials of Sumitomo Corporation and Cen Power at the Flagstaff House, Accra on Wednesday.

The two entities are jointly working on developing 340 Megawatts independent power project at Kpone.

Mr Amissah-Arthur,who observed that there is an incremental growth in the demand for power over the years, said government welcomes a lot more companies to invest in power and other sectors of the economy.

He said investment by independent power producers is of critical importance to Ghana and government will therefore continue to engage with them to ensure the speedy resolution of their issues.

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