Turkish investors call on Trade Minister

Trade Minister Haruna Iddrisu
Trade Minister Haruna Iddrisu

A six-member Turkish business delegation on Monday called on Mr Haruna Iddrisu, Minister of Trade and Industry to discuss opportunities that exist in the construction, fertilizer and Polyvinyl Chloride (PVC) pipe industry for investment.

Mr Iddrisu assured the delegates that Government was committed to providing the enabling environment for the public-private partnership to thrive and indicated that areas opened for investment included construction of hospitals, roads, model markets, fertilizer plants and sea defense.

“Government needs the assurance that any investor coming into the country has the funding to undertake such projects,” he stressed.

Mr Iddrisu said Government considered “build, operate and transfer” type of business relations in the productive sectors of the economy, adding that it was ready to partner any investor.

He called on the delegation to put their proposals into concrete and specific text to inform Government of the areas of interest as well as to facilitate the needed action.

Mr Suha Ozkan, head of the delegation, lauded the country’s political stability, democratic dispensation and positive business environment.

He called for government’s assistance to enable him collaborate to establish a Ghana Trade Centre in Turkey to facilitate the trade in made in Ghana products.

Earlier, the delegation called on Mr Gideon Quarcoo, Acting Chief Executive Officer of the Ghana Export Promotion Authority (GEPA) and some members of staff for business discussions.

Mr Quarcoo told the Ghana News Agency that bilateral and trade relations between Ghana and Turkey had impressively improved over the years.

He observed that the investors could look at the agricultural, the medical as well as fertilizer industry for business opportunities.

Mr Quarcoo said the Cardiothoracic, Orthopaedic and Neuro centres at the Korle-Bu Teaching Hospital among other institutions had gradually developed into excellent units that attracted huge “medical tourism” from across the globe.

He noted that Ghana imported huge volumes of fertilizer and at the same time exported the products, stressing the sector was lucrative for investment.

Mr Alex Dadzawa, Director of Marketing and Exports Promotion, GEPA, said trade relations between both countries had deepened with cocoa butter, medicinal plants and parts, plywood, palm kernel oil, palm oil, crude and raw lead occupying the top list of Non-Traditional Export (NTE) commodities to Turkey.

Last year, NTEs to Turkey was valued at $39,549,707.

Source: GNA

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