Global exhibitions were becoming more competitive and a modern approach was required to secure maximum gains from fairs, said President Kufuor at inauguration of 10th Ghana International Trade Fair.
The 12 day fair will have more than 700 exhibitors with 600 being local companies and 100 foreign exhibitors.
President Kufuor informed foreign exhibitors and visitors of vast business opportunities available with focus on Information and Communication Technology (ICT), agricultural sector, tourism and manufacturing, especially clothing and textiles.
Government was in the process of implementing a number of policies to open up the country and create attractive opportunities for business to expand.
Ghana has now been re-instated on the United States Exim Bank and public as well as private sector companies can avail short-and medium-term financing.
American companies could now invest in the country and access credit from the Exim Bank.
The President informed that an International Financial Centre in Ghana would be set up which would be the first in the West African sub-region.
The Chief Executive of the Ghana Trade Fair Company (GTFC),Ms Esther Ofori, said company was building the centre into a multi-purpose trade and ready-made events centre.
The centre would have the facility of a hotel complex, a convention hall, a cinema hall, exhibition halls, a shopping arcade and training rooms.