SOUTH AFRICAN INVESTORS CALL ON ASANTEHENE
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Otumfuo Osei Tutu II, Asantehene has called on investors to stop making unfulfilled promises about investment in Ashanti and Ghana in general.
Interacting with a group of investors from South Africa who paid a courtesy call on him at the Manhyia Palace, Otumfuo Osei Tutu said those who want to come to Ashanti Region should be realistic in their promises and ensure that they start their projects in good time.
The investors are South African SIC-FSL RAJEM CONSULTIUM which has Nedbank, Moolman group and Keabor investment as their members.
Otumfuo Osei Tutu said he is not interested in a group who come to find the land and offer promises and for many years do nothing on the land.
He referred to another South African group which came to him about three years ago and made him to remove traders from the Race Course to enable them start their project and up till now they continue to offer excuses, adding this is unfortunate.
 Otumfuo Osei Tutu said investors who want to come to undertake projects in the country should like and be happy with the people because you are coming to work with them.
He conceded that Ghana which is practising democracy needs investments in order to develop the country; however, we need those who are ready to start work on time.
He assured that he is ready to offer land for those investors who are coming with the necessary financial resources to begin work on the projects.
The Asantehene said “I have a responsibility to see that my people benefit from the investment that investors come to undertake in the region but I do not feel comfortable when the project drags on for several years.”
Mr. Abraham K. Boateng, Managing Director of SIC –FSL Rajem Consultium disclosed that they have come to invest in a hospital infrastructure project at Afrancho where there is ready land for the project.
In addition, they want to construct a Royal Shopping Mall in Kumasi where Otumfuo has released land for that project.
He assured that he and his groups are ready to pump money in these two projects now.

Source: Manhyia Palace  Posted: 18 Mar 2013
 
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