30 C
Accra
Saturday, October 31, 2020
No menu items!

Wenzhou Chamber of Commerce to set up an industrial Park in Ghana

Must Read

Make certified copies of voters register available to political parties

The Leadership of Parliament has urged the Electoral Commission (EC) to make copies of the certified voters register available...

EC will not conduct mass voter registration again – Chairperson

The Electoral Commission (EC) says it will not conduct a mass registration, again making the just ended exercise the...

PPA boss Adjenim Adjei axed from office

President Akufo-Addo has terminated the appointment of Chief Executive Officer of the Public Procurement Authority (PPA), Adjenim Boateng Adjei...

The China Africa Chamber of Commerce, headquartered in Wenzhou has declared its intention of setting up an industrial park in Ghana by August 2019.

This was disclosed at the China- Ghana (Wenzhou) Cooperation Forum held on 3rd of September at the Shangrila Hotel in Wenzhou.

The forum, which brought together over 80 Chinese investors was organized under the joint Chairmanship of the Dr Charles Dwamena, Ghana’s Deputy Ambassador to China and Mr Chen Hao, the Executive Vice Mayor of Wenzhou Municipal Government as a side event of the 2018 FOCAC.

The Ministers of Railways Development and Roads and Highways, Hon Joe Ghartey and Hon Kwasi Amoako- Attah, who were the Special Guests of Honor, took turns in highlighting the various investment opportunities in their sectors.

The President of the Wenzhou Chamber of Commerce in Ghana, Mr Huang Yong Tao, indicated that their decision to set up the industrial park is to support the industrialization agenda of President Nana Addo Dankwa Akufo Addo.

He stressed the need for the Government of Ghana to continue reforming the tax system so as to reduce the tax burden on imported raw materials.

The investors, who are predominantly from Wenzhou city, expressed their satisfaction with the presentations made by the various speakers.

They used the occasion to thank the Embassy of Ghana in Beijing and the Wenzhou Municipal Government for organizing such an impactful forum.

Wenzhou is a city well noted for its industrial prowess and has a GDP of over $75 billion. According to the Wenzhou Chamber of Commerce in Ghana, members of their Chamber have already set up over 80 factories in Ghana.

These include Wynca Sunshine Agric Products and trading Co. Limited, H&T Company Limited, Wankang Ceramics Co. Ltd, Safe Cement Company Ltd, etc.

The Wenzhou Medical University, the Chinese institution that is assisting the Tamale Teaching Hospital with a RMB 30 million Eye Center is based in Wenzhou city.

Story by: Clara Mlano

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Make certified copies of voters register available to political parties

The Leadership of Parliament has urged the Electoral Commission (EC) to make copies of the certified voters register available...

EC will not conduct mass voter registration again – Chairperson

The Electoral Commission (EC) says it will not conduct a mass registration, again making the just ended exercise the last. Chairperson of the EC, Jean...

PPA boss Adjenim Adjei axed from office

President Akufo-Addo has terminated the appointment of Chief Executive Officer of the Public Procurement Authority (PPA), Adjenim Boateng Adjei with immediate effect. He has also...

Sean Connery: James Bond actor dies aged 90

Sir Sean Connery has died at the age of 90, his family has said. The Scottish actor was best known for his portrayal of James...

MMDAs urged to constitute District Fire Service Communities

The Savannah Regional Commander of the Ghana National Fire Service (GNFS), Assistant Chief Fire Officer Kwasi Baafour Awuah, has urged Metropolitan, Municipal and District...

More Articles Like This