Chamber tells Chinese to invest in Ghana’s industrial sector

Dr Seth Adjei-Baah, President of the Ghana Chamber of Commerce and Industry (GCCI) has called on Chinese entrepreneurs to invest in Ghana’s industrial sector and contribute to its socio-economic development.

He said increased inflows of Chinese direct investments in the industrial sector would ensure value-chain to boost the country’s economy.

Dr Adjei-Baah was speaking at the opening ceremony for the Third 2012 Ghana-Huabei China Trade and Investment Exhibition and 2012 Ghana-Huabei China Investment Seminar and China Commodities in Accra.

The four-day event is being co-organized by the Chinese Government and the China Council for the Promotion of International Trade (CCPIT) in collaboration with the Ministry of Trade and Industry, Huabei China Trade and Investments, GCCI, Ghana Trade Fair Centre and Association of Ghana Industries.

Dr Adjei-Baah said Ghana’s economic and political stability were strong signals that made the country an appropriate and attractive business destination.

Mr Zhon Caijuan, Chairman of the CCPIT, said trade volumes between the two countries has increased over the years saying trade increased from $613,083,230 in 2009 to $731,883,984 in 2010 and had reached $1,109,427,949 by the first half of 2011.

He expressed confidence that the exhibition would offer business operators in the two countries the platform to showcase their goods and services.

More than 100 Huabei enterprises from the agriculture, building and construction, energy, machinery, electronics, medical, pharmaceuticals, textiles, auto parts, tourism and mining sectors are expected to participate in the exhibition.

Source: GNA

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