The Japan Bank for International Cooperation (JBIC) has expressed interest in investing in Ghana’s energy transmission to contribute to electricity stability and engender productivity and economic growth.
Through semi-commercial loans, JBIC would support the financing of bankable projects in Ghana. Other areas of interest to the bank include oil and gas, manufacturing, green projects and health infrastructure development.
Division Director, Energy and Natural Resources Finance Group, JBIC, Fukaya Satoko attributed the country’s capacity to make repayment, track record of coming out of crisis, and the need to expand the Bank’s reach in Africa as reasons for the interest to invest in Ghana.
She expressed optimism that a partnership between the government of Ghana, JBIC and Japanese companies would go a long way in reducing the energy sector challenges, and positioning, particularly, the electricity sector to support industrial systems.
Source: GNA
