Question

Describe the factors that make Ghana a competitive investment destination

Answer 1

Answer: FDI that is foreign direct investment have positive effect on GDP of Ghana . Ghana has made considerable effort to attract FDI . FDI played a major role in Ghana because in this country trade open among the countries . And government shoud deregulate policies so that economy can further open up. Instead of that in Ghana there are  diverse resource that will further helps in increasing the GDP . Ghana is competitive one because it is continuously focus on private investment and also tried alot to remove poverty and increase living standard of the citizen . it also focus on the political stability , growth in industrial sector . and also make investment in infrastructure . Ghana judicil system  have  made appropriate decision in reduction of corruption from the economy. Ghana is the best place in the world for business . it is a growing country . As there is political stability in Ghana so more and more investors attracted towards it . facility available for communication while doing trade . ports available for the flaxiblity in doing trade. here labour force are very productive and vocational education given to them that's why they are skilled labour. because of the above factors it made Ghana a competitive investment destination .