info.afrindex.com
China-Africa Trade Information Service
info.afrindex.com
China-Africa Trade Information Service
Photo from Internet
Minister for Information Designate, Kojo Oppong Nkrumah has defended government’s decision to partner with China in different economic agreements .
According to him, the current global environment makes China one of the best partners to work with for economic gains.President Akufo Addo during a recent visit to China announced a number of deals signed between Ghana and China, including a two-billion bauxite barter deal to mine the commodity in Ghana.
Speaking at the Second Edition of the Citi Business Forum themed “After China What Next”?, Mr. Oppong Nkrumah stated that the transformational agenda being embarked upon by the government requires strategic partnership that will allow Ghana harness its resources without incurring so much cost.
He argued that government needs the resources to expand and spread the country’s infrastructural development.
“One of our biggest partners Nigeria doesn’t seem interested in that enterprise. So what are your options? You now look at China where EPC is coming, infrastructure is coming. Financing that are not necessarily coming at some of these terms that are coming from other parts of the world,” he said.
It is a logical decision for Ghana to do business with the Chinese.And the partnership between Ghana and China can facilitate the development of the two countries.
