Mahama woos Thai investors for 12,000-hectare oil palm plantation in Ghana

Ghana's President John Mahama has urged Thai investors to explore the possibility of establishing a 12,000-hectare oil palm plantation and a state-of-the-art processing mill in the country. The proposal is currently being discussed between the Tree Crops Development Authority and potential Thai investors. During a meeting with Thailand's new Ambassador to Ghana, Thirapath Mongkolnavin, the President reiterated Ghana's commitment to fostering stronger bilateral relations with Thailand.

Mahama highlighted the growing interest of the Thai business community in Ghana and expressed encouragement for further investment in sectors such as manufacturing, agriculture, agro-processing technology, and infrastructure.

He acknowledged the valuable contributions of Thai companies operating in Ghana, such as Thai Union Group and Indorama Ventures Packaging, and their positive impact on the Ghanaian economy. The President also expressed his backing for ongoing talks concerning a bilateral investment treaty and the creation of a Ghana-Thailand Business Council, which would facilitate trade, safeguard investments, and strengthen partnerships between businesses in both nations.

Mahama emphasized the importance of maintaining discussions between the Tree Crops Development Authority and prospective Thai investors to move forward with the proposed oil palm project. He assured the Ambassador of the government's commitment to supporting economic ties and ensuring a successful partnership. President Mahama affirmed Ghana's dedication to deepening bilateral ties with Thailand, founded on mutual respect, shared interests, and a collective determination to promote economic growth and development.