Ghana has attracted a staggering US$3.9 billion in Chinese foreign direct investment (FDI) over the past decade, resulting in the execution of 424 projects across the country and creating over 39,000 jobs.
This was revealed by Mr. Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), at the Ghana-China Business Summit in Accra.
According to Mr. Madjie, the largest portion of the funds, approximately US$2.7 billion, went to the manufacturing sector, followed by the general trading, construction, and services sectors. He also noted a growing Chinese interest in strategic areas such as industrial zones, logistics, energy, and infrastructure, positioning Ghana as a gateway to West Africa’s regional market.
Mr. Madjie described Ghana as one of Africa’s most resilient and investor-friendly destinations, highlighting the country’s stable business environment that continues to attract key development partners. To foster long-term growth, he urged Ghanaian and Chinese companies to form consistent partnerships, emphasizing the potential for mutual benefit and growth.
The Ghana-China Business Summit provided a platform for business leaders and investors to explore opportunities and strengthen ties between the two countries. With billions of dollars in investment and thousands of jobs created, Ghana’s relationship with China continues to yield positive results for the country’s economy.
Source: Apexnewsgh.com
