Thousands of residents in the Eastern Region are expected to get various job opportunities following the decision by 9BS International to invest and support the development of the region through partnership with the Eastern Regional Coordinating Council.
9BS International – a multinational company specialized in financial engineering, trade, investment and projects geared towards socio-economic transformations is to provide technical, financial and investment support to the various Districts and Municipal Assemblies in the region to identify and explore viable investment opportunities for industrialization and job creation.
Speaking at the Eastern Regional investment and Development Forum on the theme “Investment Opportunities in the Eastern Region; the role of the Private Sector” the Board Chairman of 9BS International , Prof.Nana Osei K.Darkwa said over reliance on central government machinery has over the years affected implementation of fine development policy initiatives by various governments.
He therefore opined that it is time for Ghana to take advantage of the Public -Private Partnership (PPP) policy to bridge the huge infrastructural and development gap which is estimated to cost government $1.5 billion yearly for the next decade in order to fix it.
In an interview with Starr News the Board Chairman said “we know there is a serious development deficit not only infrastructure…but based on Ghana’s own PPP policy that was in 2011, they said that we need $1.5million dollars yearly over the next decades to address some of these needs and we believe that the government cannot do it alone”.
Prof. Osei-Darkwa said 9BS is committed to supporting municipal and district assemblies in the region to initiate businesses that will maximize its revenue generation and mobilization.
“Here we have always been found in dependency module, what I call the Garden of Eden Syndrome. So people are not creative and innovative. We want people to think outside the box. Most of the districts wait for government Subvention, we believe that the districts can initiate their own businesses and partner with the private sector and create businesses that could provide revenue to support the government’s development agenda,” he said.
He added that the company will facilitate the implementation of the One District One Factory policy across the region.
The Executive Chairman of the company, Wabadang Vairi announced that, as part of the Company’s Corporate Social responsibility, it will construct four modern Hospitals, 10 boreholes and six community libraries in the Region.
On his part, the Eastern Regional Minister, Eric Kwakye Darfour said job creation is high on the agenda of the President Akufo-Addo led government therefore the intervention by 9BS to stimulate the local economy through the creation of jobs and business opportunities is welcoming.
Accordingly to him, the region is prepared for investment therefore has already carried out research and profiled all investment opportunities to serve as blue print to guide investors in the region.
President of Peace and Sports organisation based in Monaco, Joel Bonzou who was the guest speaker urged Ghana to maintain the peace and stability in the country which is a major criteria for investment.
He also called increased investment in sports development to provide opportunities for the youth talented in various sports discipline.
Present at the Forum were other Board Members of the reconstituted 9BS Group board including Professor D.E.K Amenumey, Jacob Osei Yeboah, Kudjoe Fianoo.
Also in attendance were Municipal and District Chief Executives, traditional rulers, religious leaders, and members of the business community among others.
Source: Ghana/Starrfmonline.com/103.5FM/Kojo Ansah
