Seeking Partnership with Chinese Businesses

Hon. Mahama Ayariga, Deputy Minister of Trade and Industry has concluded arrangements with the Ghana Embassy in Beijing – China and the leadership of the China-Africa Business Council for the hosting of Ghanaian companies and entrepreneurs who will participate in the Ghana – China Business Partnership programme which seeks to organize various investment partnership building missions to various industrial provinces in China.

This is a unique and major move aimed at convincing Chinese manufacturing enterprises in the various Chinese provinces who have built up excess manufacturing capacity and those who are unable to cope with the intense competition in China to set up additional manufacturing plants or re-locate to Ghana in partnership with Ghanaian entrepreneurs with the hope of servicing their large African clientele and customers.

Ghana’s Ambassador to China, H. E. Mrs. Helen Mamle Cofie, has intimated that there are several Chinese businesses with considerable manufacturing capability are seeking to re-locate to Ghana and should be encouraged and supported to do so. Ambassador Helen Mamle Cofie gave assurances that the Ghana Embassy in Beijing will make every effort to find appropriate matches for the various entrepreneurs participating in the Business Partnership programme.

This followed a meeting in Shanghai, China, on Friday 10th April, between the Deputy Minister of Trade and Industry and the Ambassador. The Deputy Minister and Ghana’s Ambassador jointly inspected Ghana’s stand at the World Expo to be held in Shanghai, China, from May to October this year. Ghana’s stand is almost ready and the service providers gave the assurance that it will be fully ready before the opening ceremony on May 1st of next month.

The investment missions have been scheduled at the time of the World Expo in order to take advantage of the massive gathering of manufacturers and businesses from all over the world in Shanghai.

Hon Ayariga assured Chinese businesses he visited and held meetings with that Ghana has and is putting in place the appropriate policy framework and building the requisite infrastructure to host Chinese and other Asian manufacturers and investors who wish to relocate to Ghana and make Ghana Africa’s manufacturing hub.