24 May 2012

Ghana: First Capital Plus to Set Up Sugar Processing Plant

First Capital Plus (FCP), a savings and loans company, has disclosed that it would set up a sugar processing factory in Kyebi, capital of the Abuakwa State in the Eastern Region, and make other investments related to food security.

This came to light when a 12-member high-powered delegation of the company and its affiliate in Switzerland, First Capital of Switzerland Investment Bank (FCS), paid a courtesy call on the Okyenhene, Osagyefo Amoatia Ofori Panin, at his palace on May Day to discuss investments related to food security in the country.

The delegation was led by Mr. William Ato Essien, Chief Executive Officer of FCP.

The Okyenhene assured the delegation that Ghana was an investor friendly nation, and stressed that his community was not interested in handouts, but rather on sustainable long-term investments that would empower the people and transform their livelihood.

He was of the view that the UAE's massive development was made possible by a team of young, intelligent and ambitious individuals, who were not afraid to take bold and strategic initiatives, and expressed the belief that the leadership qualities exhibited by young people like Mr. William Ato Essien would lead to a transformation of the country's economy in the near future.

He admonished the team to be conscious of the environment, since environmental protection and preservation was a critical element of the Okyenman's mandate.

Mr. Al Ansari thanked the Chief for his hospitality, and assured him that the choice of Ghana was a strategic decision, and that the team was focused on sustainable long-term developments that would transform the livelihoods of the society.

Mr. Al Ansari also made a firm commitment to seek a holistic societal improvement that would include environmental protection, investment in healthcare and youth empowerment.

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