Mr. Seth Adjei Baah, the President of Ghana Chamber of Commerce and Industry (GCCI) has called on Turkish investors to consider setting-up a steel manufacturing company in Ghana.
He said given the long bilateral trade relations between Ghana and Turkey, the time had come for the two countries to create wealth and develop together.
He noted that with the current political and economic stability in Ghana, establishing a steel factory in Ghana would not only benefit the people of Ghana, but also the whole of the ECOWAS sub region and beyond.
Mr. Adjei Baah made the call when a delegation of Turkish Investors from the steel industry called on him in Accra on Wednesday. He commended the delegation for making the right decision to do business in Ghana since the country is the gateway to Africa.
Turkey has emerged strongly on the global steel market and her total crude steel production is expected to reach 38 million tonnes at the end of 2012, with exports around 18.1 million tonnes worth $15.4 billion in 2011.
The delegation, representing 21 leading companies across Turkey and Europe, is in the country under the auspices of the Turkish Steel Exporters’ Association led by its Board Chairman, Mr. Namik Ekinci. Mr. Ekinci said the visit further demonstrated the growing importance of Ghana as a key emerging market and a potential strategic trading partner.
Turkish companies represented, offer a wide range of steel products, including HR/CR coils, diamond and tear-drop pattern plates, wire rods, billets, beams, bars, hollow sections, tubes, pipes and other steel products. Turkey is Europe’s second biggest crude steel producer and the seventh largest steel exporting country in the world, with exports to more than 180 countries.
Mr. Pinar Tokur, the Sector Manager of Turkish Steel Exporters’ Association, noted that the business visit and trade exchange sessions would not only be a great platform for productive dialogue between Ghana and Turkey, but would also boost the steel sub-sector and the Ghana manufacturing base.
Earlier in the day, the delegation met with members of GCCI and other business communities in the country to shore-up bilateral trade relations between Ghana and Turkey to expand platforms for fresh strategic partnerships and explore new business and growth opportunities for both nations.
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