ACCRA, GHANA - The Chairman for World Trade Centre (WTC) Accra, Togbe Afede XIV has called on potential investors to take advantage of the current political atmosphere to invest in Ghana. He made this known when a Chinese business delegation called on the World Trade Centre Accra to explore business opportunities in the country.
The delegation, which was led by Qingpeng Yuan, Vice Director for China Association for Promotion of Private Sci-Tech Entreprises were on a trade and investment visit to Ghana and Kenya. The sectors represented included real estate, hospitality, manufacturing, construction, agriculture and mining. Mr. Qinpeng disclosed that the choice of Ghana and Kenya for the visit is informed by their openers to do business.
According to Togbe Afede XIV, WTC Accra sees Chinese businesses as strategic partners. As a result, WTC Accra has organized several missions to China, the last one in September 2016. Togbe Afede XIV indicated that China has played a vital role in Ghana’s energy sector and has also made inroads in the aviation industry.
He said a partnership between Ghanaian and Chinese companies which led to the formation of African World Airline (AWA) is yielding positive impact as the airline is currently the best domestic operator in Ghana. Besides these sectors, the Chairman of WTC Accra informed the delegation that Chinese companies are also involved in roads and bridges construction, real estate, agriculture and manufacturing.
He said the business environment is conducive for investors and there is no better time for Chinese investment than now. ‘The current government is interested in investors like you to help grow the economy and create jobs’ he said. He disclosed that the current government is interested in establishing factories in every district and constructing dams in every village to boost job creation and agriculture. So opportunities abound in all sectors across the country. He advised the investors to leverage CAD Fund resources in establishing the factories in Ghana.
In further explaining why they should invest in Ghana, Togbe Afede XIV disclosed that Ghana is very prominent in West Africa. In addition to other advantages such as market access to more than 300 million people in the sub-region, investors have the advantage of operating in a peaceful environment.
He informed the business delegation that through projects like power plants, airline and the various business visits to China, WTC Accra is adept at doing business with the Chinese.
A B2B session was held between members of WTC Accra and the Chinese business delegation.
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