The Ghana Investment Protection Center (GIPC) has showcased the opportunities in the country in the area of doing business, to Chinese investors during the third edition of the China Trade Week Trade week which ended last Friday, urging them to develop business to business partnership with their Ghanaian counterparts.
This falls in line with government’s industrialization drive and efforts to ensure that the business environment is favourable enough to attract foreign investment which would in turn translate to enormous business opportunities and jobs for local entities and individuals respectively.
Currently, Ghana ranks the seventh largest trading partner of China in Africa and thus industry players see this as an opportunity to consolidate the relationship and work to deepen the relationship as China’s influence on the continent continues to grow.
Not quite long ago, the GIPC signed an MoU with the China Council for the Promotion of International Trade (CCPIT) to promote trade and investment between China and Ghana
Addressing participants at the China Trade Week, Mr. Yofi Grant, C.E.O. of GIPC said with the current relationship between the two countries, Ghana stands in a great position to attract enormous foreign direct investment from China.
“China is our biggest trade partner, and also our biggest investor through the number of investments that they have made”, he noted.
The business collaboration between the two countries gave an invaluable platform and opportunity for local businesses seeking to develop strategic partnership and links with a number of Chinese manufacturers.