Chinese investors set to flood Ghana

Ghana is set to see an influx of Chinese investors into the country. That’s according to the Chinese ambassador to Ghana, Madam Sun Baohong. She said Ghana’s position in the sub-region is convenient for the mass production of goods and services for redistribution to other ECOWAS Member states.

The volume of trade between Ghana and China hit 6.6 billion US dollars in 2015.

According to her, a group of Chinese investors have already conducted some feasibility studies and concluded that it will be economically productive to move into the country and produce at commercial rates.

“Chinese enterprises are very interested in investing in Ghana because it has a lot of advantages. I think the biggest dividend is the peaceful nature of the country and stability. There are also abundant resources and the labour force is educated,” she said.