OBAMA'S VISIT YIELDS POSITIVE RESULTS IN CR (SEPT 26, PAGE 22)

THE visit of the United States President, Barack Obama to Cape Coast has begun to show signs of positive results for businesses in the Central Region.
This follows an invitation from the US President’s office to a delegation from the Cape Coast Business Club to visit the US for a business deal between US businesses and the club.
The deal was made possible through the instrumentality of the Oguaamanhen, Osabarima Kwesi Atta II.
The Chairman of the Club, Mr Gustav Anokye-Yeboah told the Daily Graphic, that the visit was scheduled for November, this year.
Mr Anokye-Yeboah said the club which groups about 300 businesses in the Central region was introduced to the US President by Osabarima Kwesi Atta during his visit to Cape Coast.
He said the club comprised businessmen and women who had joined hands to collectively work to accelerate the development of the region through private sector initiatives and collaboration with the aim of complementing the Government’s efforts to develop the economic potential of the region.
Mr Anokye-Yeboah said the Central Region lagged behind in development as compared to other regions.
He said the region was tagged as one of the deprived regions in the country despite priding itself as the cradle of education, the seat of the first capital, besides being the tourism hub of the country.
He said it was for that reason that the club was determined to make an impact by harnessing all available resources, and seeking the support of all interested parties to propel the region in economic development.
Mr Anokye-Yeboah expressed the club’s appreciation for the crucial role the government could play to assist its members to revive the industrial potential of the region, and called on the government to support the club to realise its aims and objectives.
He also commended the Italian Government for granting 22 million euros for small and medium enterprises in (SMEs) in the country under the second phase of the Ghana Private Sector Development Facility (GPSDF).