Otumfuor urges more support for private sector

The Asantehene, Otumfuo Osei Tutu II, has called for more emphasis and support for the private sector since they hold the key to employment creation and economic growth.

He said politicians alone could not take the country out of its economic doldrums, so it behoved Ghanaians, especially efforts from private individuals and the private sector, to contribute meaningfully to the development of the country.

The Otumfuo said this when he inaugurated a six-storey office complex for the Kumasi Diocese of the Methodist Church of Ghana.

The GH¢5.5 million office complex located at K.O, a suburb of Kumasi, has three separate banking halls that can accommodate three banks or financial institutions.

It also has floors suitable for accounting and law firms, medical facilities and other companies.

Multi Credit Savings and Loans, one of the leading local financial institutions in the country with headquarters in Kumasi, financed the entire project.

Otumfuo commended the Methodist Church for their contributions to the economic and social wellbeing of the people and expressed the belief that the project would bring employment to the youth in the metropolis.

The Rt. Rev. Professor Osei Safo-Kantanka, the outgoing Bishop of the Kumasi Diocese of the church, commended the immense support of the Asantehene and added that the project was the third the church had undertaken at K.O.

The projects include stores in the Central Business District (CBD).

The Presiding Bishop, Dr Asante-Antwi, commended the Kumasi Diocese of the church for its vision and foresight, which, he said, could help transform the society.

He noted that the church, apart from its spiritual teachings, was also working towards the physical development of the society.



Source: Graphic