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Mahama urges Thai investors on with 12,000-hectare oil palm project in Ghana

Ghana is courting Thai capital for a 12,000-hectare oil palm plantation and mill, as President Mahama received credentials from Thailand's new ambassador.

Mahama urges Thai investors on with 12,000-hectare oil palm project in Ghana

President John Mahama has encouraged Thai investors to proceed with their plans for a 12,000-hectare oil palm plantation and processing mill in Ghana. Mahama made the appeal during the presentation of Thailand's new Ambassador to Ghana, Thirapath Mongkolnavin, who presented his Letters of Credence. The Tree Crops Development Authority is currently in discussions with prospective investors on the proposed project, which aligns with the government's goal of establishing 100,000 hectares of new oil palm plantations.

Mahama expressed appreciation for the Thai business community's growing interest in Ghana and encouraged further investment in various sectors, including manufacturing, agriculture, and infrastructure. He also mentioned the government's support for bilateral investment treaty talks and the establishment of a Ghana-Thailand Business Council to facilitate trade and protect investors.

Brief written by urgent.news from 3News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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