<<Print>>

Government is to offer a two-year tax holiday to Japanese investors in agro processing and other sectors of the economy, TV3 News can confirm. The tax holidays, beginning this year, will boost investor confidence, according to the sector minister. Haruna Iddrisu disclosed this to TV3 News on Thursday, July 25, 2013 when a delegation from Japan called on him at his office in Accra. The 35-member delegation will invest in the production of shea butter as well as in the oil and gas, manufacturing, media and information and communication technology sectors. Discussions focused on deepening bilateral ties between Ghana and Japan. Mr Iddrisu underscored business opportunities for the Japanese delegation. �We are doing our part in Ghana to improve phyto-sanitary conditions so that Ghana can increase exports to Japan. So we are ready to comply with your minimum standards�so that we can increase the export of non-traditional vegetables and flowers,� he assured. He spoke about government's commitment to ensure tax holidays for investors as "strategic incentives". �The Japanese too have a strong manufacturing background and we are encouraging them to come in and they have expressed interest in rubber plantation and setting it up in the Western Region and then agro-business if we can facilitate the cost of land.� The delegation is in Ghana following President John Mahama's visit to Japan early this year.