‘We need to fix the 57% gap in Ghana’s trade’ – President of GNCCI

Business News of Monday, 26 November 2018

Source: www.ghanaweb.com

2018-11-26

Nana Appiagyei Dankawoso 1, President,Ghana National Chamber of Commerce and Industry

The president of the Ghana National Chamber of Commerce and Industry, Nana Dr. Appiagyei Dankawoso I has pleaded with investors to help bridge the 57% gap in trade.

According to him, Ghana spent US 224 million in 2017 to import goods which with the right investment and support could be produced in the country from Turkey’.

“Ghana’s exports to Turkey in 2017 amounted to US128million while our imports from Turkey amounted to US 224 million in trading products such as minerals, fish, sugar and confectionery, machinery, cocoa and cocoa preparations, electrical and electronics, cereals, rubber and ceramics” he said.

Nana Dankawoso I speaking to a group of Turkish business men asked them to take advantage of the democratic political system and dynamic business environment in Ghana to invest in Ghanaian businesses.

“There are many investment opportunities in Ghana including but not limited to infrastructure and real estate development, road construction, healthcare and pharmaceuticals and many more” adding that “lets contribute to addressing the untapped opportunities for Ghana to bridge the 57% gap in trade for the mutual benefit of both countries”

According to him, the ‘2018 EASE of Doing Business’ report has ranked Ghana as the best place in Sub-Saharan Africa and therefore sends the right signals that the business environment in Ghana is ripe.

“Ghana is one of the fastest growing economy in the world and the fastest in Sub-Sahara Africa” he said

Nana Appiagyei Dankawoso 1 was speaking at the Ghana- Turkey Business-to Business meeting in Accra on Monday, November 26.

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