Chinese businesses urged to invest in Volta Region

Sunon Asogli Power Chairman Wang Jinxiao has called on Chinese companies operating in Ghana to invest in the Volta Region and transform those opportunities into thriving businesses. The Volta Economic Forum's shift from showcasing possibilities to executing investments is timely, as Ghana has long offered investment prospects across sectors and regions.

Wang highlighted the region's vast human, agricultural, industrial, tourism, and energy potential, citing its strategic location, natural resources, coastline, and proximity to neighboring markets as key factors. He urged the Chinese business community to view the Volta Region not just as an investment showcase, but as a destination for establishing businesses, developing industries, creating jobs, and supporting communities.

Properly executed investments can yield broader economic benefits, such as increased demand for local services, skill development, local business support, employment generation, and overall economic growth. Wang emphasized that investments should aim to build local capacity, facilitate technology and knowledge transfer, create jobs, and promote sustainable development, aligning with Ghana-China economic cooperation.

The upcoming zero-tariff treatment for African nations, starting May 1, 2026, offers Ghana an opportunity to enhance productivity, add value to natural resources, and develop businesses capable of competing globally. Wang called for stronger collaboration among government, private sector, communities, traditional authorities, and development partners, urging Chinese enterprises to "come and invest, come and build, and come and partner" with Ghanaian businesses and communities to generate lasting value and contribute to the Volta Region and Ghana's development.