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15.02.2006 Business & Finance

Chinese Team to explore business opportunities in Ghana


Ho, Feb. 15, GNA - A three-man delegation from the Lin family business in China, led by its head Mrs. Lin Sheih Han-Chien, is expected in Ghana from February 20, for a one-week investment trip to explore opportunities in commercial real estate development, the hospitality industry and natural resource development.

The visit was the outcome of a recent tour of that country by the Agbogbomefia Togbe Afede XIV, to promote business and trade links between the two countries, a Press Release from the Office of the Asogli State Council in Ho said on Wednesday.

According to the release, signed by Mr John Kukah, Secretary to the Council, the Lin Family's business empire includes investments in China, Taiwan, the Philippines, the United States, Hong Kong, Singapore and Canada.

"In China the group's investments include hotels, residential and office buildings, and golf courses", it said adding that the Lin family had just completed 500 luxurious residential buildings in the up-market Pudong district of Shanghai".

The Group's Taiwan investments span real estates and the recently completed Taipei's tallest building in the world, five star hotels, several residential estates, a private college, publishing house and investments in banking.

"In the Philippines, the group has 30 years' real estate investment experience and currently builds 10,000 economic housing units every year, and owns 1,000 hectares of land banks in Manila", the release said.

In the United States, the group has 20 years of real estate investment mainly in passive land banking and sales, according to the release.