The American Ambassador to Ghana, Mr Donald Teitelbaum, has commended Ghana's economic growth had encouraged American investors to be confident to invest in the economy. He said with Ghana's economy being touted as the fastest growing in the world, coupled with the stable democratic environment and improved macro-economy over the years, "you will not be doing the wrong thing by putting your money in such an economy". "The American Embassy in Ghana is ready to offer all American investors assistance by linking them to the right government officials and other businesses and so I urge you to make the embassy your first point of call when you arrive in the country to be offered that assistance," Mr Teitelbaum said. Speaking at a well-attended roundtable in Washington, DC, hosted by the American government on the theme, "Partnerships in Power: The case for investing in Ghana's power sector", the ambassador admitted to some challenges in the local economy but noted that "the challenges provide positive opportunities from which investments will yield positive returns". The roundtable provided a unique opportunity for interaction between high-level decision makers of the Government of Ghana and the American private sector. Touching on the success stories of the airline industry - with Delta and United Airlines which have direct flights between the two countries - and the vibrant telecommunications sector as major examples, Mr Teitelbaum said: "You will be doing something right if you gather the confidence to invest your money in a positive economy such as Ghana's." He mentioned opportunities in the energy sector and said Ghana's economy was being propelled by the oil and gas find and that there were huge infrastructure gaps that needed investors to fix. He therefore asked the American investors to take advantage of those opportunities. The American government, he said, had again selected Ghana to benefit from a second compact of the Millennium Challenge Account, whose funds the government had requested to allocate to boost the development of infrastructure in the energy sector. The Minister of Trade and Industry, Ms Hannah Tetteh, said the government had developed a public-private partnership framework which was to give greater confidence to private investors to invest in the country. "We are now doing the legal framework to give it legal backing and once that is done, investors can be assured of secure investments devoid of any political interference," she added. Her claim followed questions from investors regarding the security of private investments in the country. There have been past experiences when a change in government had affected some private investments in the country. Ms Tetteh said when the new framework was finally passed by the Parliament of Ghana, investments valued at more than $10 million would be given backing from Parliament and that would secure that investment and prevent it from any govern¬mental interference. A Deputy Minister of Energy, Mr Emmanuel Kofi Arrnah Buah, also men¬tioned the opportunities in the energy sector and cited the aging transmission lines which needed investment to replace. He said the government was also doing a lot to change its over-dependence on hydro to renewable energy sources and asked investors to come and explore that area.