“China now Ghana's biggest trade partner with volumes exceeding $7.4bn”
China is now the biggest investor in Ghana with investments creating about 100,000 jobs for Ghanaian citizens with trade volumes exceeding $7.40 billion.
This was disclosed by the outgoing Chinese Ambassador to Ghana, Shi Ting Wang, who paid a courtesy call on the Minister of Foreign Affairs and Regional integration Shirley Ayorkor Botchway, on Friday, 5 June 2020.
“Now, we are the biggest investor in Ghana and our investment created about 100,000 jobs for the local people in addition to the government projects, the private investment to Ghana is also very strong. There are about 10 big private investor factories which were officially launched in the past two years, mainly in the manufacturing industry. Certainly, if we are talking about our people to people exchanges, we are also very proud of that. In the past two years, China has offered about six hundred full scholarships to Ghana and about 2000 short term training opportunities to Ghana,” he stated.
The ambassador attributed the development to increasing cooperation and partnership between Ghana and the Chinese government.
“We are the number one trade partners. Last year, the trade volume was $7.4 billion, ranking the seventh in the whole of Africa and in the past two years, there are so many projects rolling out between our two countries,” Mr Wang said.
Source: classfmonline.com
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