China - Ghana Trade Volumes Exceeding $7.4bn

China is now the biggest investor to 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 Minister for Foreign Affairs and Regional integration Shirley Ayorkor Botchway on Friday, June 5 2020.

“Now, we are the biggest investor to 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 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.

---classfmonline