Business News of Monday, 23 June 2025

Source: www.ghanaweb.com

Ghana now hosts over 100 Chinese-owned manufacturing firms – Julius Debrah

Julius Debrah is Ghana's Chief of Staff Julius Debrah is Ghana's Chief of Staff

Chief of Staff, Julius Debrah, has revealed that Ghana is now home to more than 100 manufacturing entities owned by either the Chinese government or private Chinese investors.

Speaking at the Ghana-China Business Summit 2025 on Monday, June 23, 2025, Debrah emphasised that this level of investment reflects strong confidence in Ghana's business environment.

“As we speak, we can boast of over 100 manufacturing entities owned either by the Chinese state or private Chinese investors. What that tells us is that Ghana is not a bad place to do business. A $100 billion investment wouldn’t happen here if that weren’t the case,” he stated.

He noted that President Mahama’s administration is committed to deepening Ghana-China relations by encouraging even more Chinese companies to establish assembly plants or launch new operations in Ghana.

“Looking at the 2023 records, Chinese exports to Ghana totaled over $3.7 billion, while Ghanaian exports stood at only $1.8 billion. What this suggests is that we need to find a way to bridge the trade gap. And there is a way to do so,” he said.

He added, “The President believes that when we talk about the Ghanaian market, it’s not just about Ghana as a country. When you invest in Ghana, you gain access to export to other West African countries, Burkina Faso, Mali, Niger, Guinea. It’s much easier if you use Ghana as your base because we’re very close to Europe, and nearly all major airlines fly to Ghana.”

SP/MA

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