LONDON, March 1 (Reuters) - Ghana is looking for investors for public-private partnerships in its infrastructure sector, and aims to launch a commodities exchange within the next two years, the country's trade minister said on Tuesday.
Hanna Tetteh told a conference that management of the country's ports and airports, as well as roads, railways and utility companies, would be open to foreign investors in joint partnership with the government.
"We haven't finalised all the detail, we need to see how we structure it to become a lot more effective," she said.
"Our entry points and the way we manage those entry points need to be reviewed," Tetteh added, saying Ghana was hoping its ports would act as a hub for the west African region.
Ghana, the world's second largest cocoa producer and Africa's number two gold miner, is targeting a double-digit growth this year, helped by its first revenues from oil, with estimated reserves of up to 1.5 billion barrels.
The country plans to launch a commodities exchange by the end of 2012, focusing initially on agricultural commodities, Tetteh told reporters on the sidelines of the conference.
"We need six months for the regulatory framework...the exchange should start work at the end of next year," she said.
"We want to encourage the development of other commodities that we think are tradeable and also exportable, like rice, maize, soya, cotton."
Ghana and other African countries that have discovered natural resources are trying to avoid excessive dependency on mineral wealth.
(Reporting by Carolyn Cohn; Editing by Ron Askew;)
Hanna Tetteh told a conference that management of the country's ports and airports, as well as roads, railways and utility companies, would be open to foreign investors in joint partnership with the government.
"We haven't finalised all the detail, we need to see how we structure it to become a lot more effective," she said.
"Our entry points and the way we manage those entry points need to be reviewed," Tetteh added, saying Ghana was hoping its ports would act as a hub for the west African region.
Ghana, the world's second largest cocoa producer and Africa's number two gold miner, is targeting a double-digit growth this year, helped by its first revenues from oil, with estimated reserves of up to 1.5 billion barrels.
The country plans to launch a commodities exchange by the end of 2012, focusing initially on agricultural commodities, Tetteh told reporters on the sidelines of the conference.
"We need six months for the regulatory framework...the exchange should start work at the end of next year," she said.
"We want to encourage the development of other commodities that we think are tradeable and also exportable, like rice, maize, soya, cotton."
Ghana and other African countries that have discovered natural resources are trying to avoid excessive dependency on mineral wealth.
(Reporting by Carolyn Cohn; Editing by Ron Askew;)
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