Hon. Dr Ekwow Spio-Garbrah, Ghana’s Minister for Trade and Industry, has called on Chinese business-persons to explore the opportunities and invest in the country by attending the prestigious annual Ghana Economic and Business Outlook and Strategy (EOBS) conference and the West Africa Industry and Exhibition Forum next year.
While the EOBS, organised by Africa Business Media (ABM), the publishers of the monthly award-winning ‘Ghana Business & Finance‘ magazine, is expected to be held in Accra on January 27; the West Africa Industry Forum, put together by the Economic Community of West African States (ECOWAS), will be hosted in Accra in the first quarter of 2016. “We hope to welcome a delegation to Ghana in the next few months, specifically in the third week of January for the Economic and Business Outlook and Strategy conference and the West Africa Industry Forum between April and May next year. We look forward to a strong delegation from Fujian Province,” Hon. Dr Spio-Garbrah stated.
Hon. Dr Spio-Garbrah made these known at the signing ceremony of a sister-city agreement between the Greater Accra Region (GAR) and the Fujian Province in the Peoples’ Republic of China in Xiamen, the province’s capital,on Monday. He signed on behalf of the region and Mr Zheng Xiaosong, the Vice Governor of the Fujian Provincial People’s Government, signatured for his province. The signing of the agreement forms part of the Minister’s seven-day visit to China with a 60-member public and private sectors delegation to attend the world-famous yearly China International Fair for Investment and Trade (CIFIT) in Xiamen. CITI, in its 19th year, opened on Tuesday.
Thanking the authorities of the province for their warm hospitality to himself and the members of the delegation, he succinctly traced the relationship between Ghana and China in the early 1950s to date, underscoring that the signing of the agreement would strengthen the relations between the countries. “We are visiting at a time when Ghana-China relations are going to take a new turn. The highest levels of authority has indicated a number of companies relocating and investing in Africa and the government has identified Ghana for partnership and investment,” the Trade and Industry Minister noted.
“We have to encourage expansion of trade but we should be more concerned with projects that will increase Chinese investments in Ghana. Ghana is a member of ECOWAS with 300 million population as a market,” he continued. He stated that Chinese companies could trade and invest in agro-processing, mining, automobile, real estate and other gainful industries. Dr Spio-Garbrah said Ghana has a good track record of peace, security and the rule of law to safeguard the investments of Chinese businesses, pointing out that Mr Xu Ningquan of Sentua Steel (Wahome Steel), and other Chinese investors could testify to the opportunities and security of their investments in Ghana.
Mr Xiaosing said China and Africa have long-standing good diplomatic and people-to-people relations as they shared a brotherhood, adding that China has good relationship with Ghana, especially the GAR. He said the Fujian Province and GAR initialled a memorandum of understanding for a sister-city cooperation last year, and was pleased that the relationship has been strengthened by the signing of the agreement to make Africans and Chinese now brothers and sister. He believed that the relationship would grow and be consolidated over the years to be an example for other cities in China and Africa.
Story: Ayuureyisiya Kapini Atafori