Ghana welcomes Thai agricultural and Palm Oil Investment

The Deputy Minister for Food and Agriculture, Mr. John Dumelo, has reaffirmed the Government of Ghana’s commitment to creating an enabling environment for agricultural investment, including support in facilitating access to suitable land for agricultural projects.

He made the commitment when he received a delegation from the Kingdom of Thailand, led by H.E. Mrs. Urasa Mongkolnavin, Director-General of the Department of South Asian, Middle East and African Affairs at Thailand’s Ministry of Foreign Affairs, during a courtesy call in Accra.on Monday.

Discussions between the two sides focused on strengthening agricultural cooperation between Ghana and Thailand, with particular emphasis on food security, sustainable agricultural development, agribusiness investment, and opportunities for public-private partnerships.

A key highlight of the meeting was the interest expressed by Thai investors in Ghana’s palm oil sector.

The delegation explored opportunities for establishing palm plantations and processing facilities to support growing demand within the industry.

He noted that Ghana possesses significant agricultural potential, identifying the Oti, Ashanti, and Ahafo Regions as areas with favourable conditions for palm cultivation.

The Deputy Minister highlighted opportunities for collaboration with local farmers and encouraged investments that would support value addition, job creation and increased productivity across the palm oil value chain.

He outlined available investment incentives, including possible tax concessions on imported agricultural equipment and support through relevant government agencies.

Both sides expressed optimism about the prospects for deeper cooperation and agreed to continue engagements aimed at advancing agricultural development, trade, and investment between Ghana and Thailand for the mutual benefit of both countries.