Trade Minister courts Chinese investors for industrial partnerships

Trade Minister Elizabeth Ofosu-Adjare has called for increased Chinese investment in Ghana, describing the country as a profitable destination for industrial growth and long-term partnerships.

Speaking at the Ghana-China Investment Forum in Jinan, Shandong Province, on May 21, 2026, the Minister invited Chinese investors to establish and expand businesses in Ghana, citing the country’s stable democracy, strategic location and investor-friendly reforms.

She highlighted successful Chinese investments already operating in Ghana, including Sentuo Group, KEDA, Sunda and Zonda Tec.

According to the Minister, Sentuo Group has become one of the notable Chinese investment success stories in Africa, employing thousands of Ghanaians across sectors including steel, ceramics, recycling and oil refining.

She also commended KEDA and Sunda for establishing the Twyford Ceramics factory in Ghana, which exports products to markets across West Africa, Europe and the Americas while sourcing most raw materials locally.

The Minister further praised Zonda Tec for its contributions to Ghana’s automotive industry through vehicle assembly and electric vehicle production.

Hon. Ofosu-Adjare said the government’s economic transformation agenda under President John Dramani Mahama is focused on shifting Ghana from exporting raw materials to producing value-added goods.

She disclosed that the Ghana Investment Promotion Authority Act 2026 had removed minimum capital requirements for foreign investors and shortened investment approval timelines.

The Minister also highlighted Ghana’s role as host of the African Continental Free Trade Area Secretariat, saying it offers investors access to a market of more than 1.4 billion people across Africa, including the ECOWAS market.

She identified agro-processing, textiles, pharmaceuticals, recycling, green manufacturing, digital technology, construction materials, automobile assembly and agri-technology as key sectors with investment opportunities.

The Minister also announced the opening of the China-Ghana Trade and Investment Promotion Centre in Jinan to support Chinese businesses interested in investing in Ghana.

“Ghana is ready. Ghana is safe. Ghana is profitable,” she said.