Skip to main content

AGI, Singapore Business Federation signs MoU



Story by: Yaw Sarpong
The Association of Ghana Industries (AGI) has signed a memorandum of understanding (MoU) with the Singapore Business Federation with the aim of promoting businesses between the two countries. 
The MoU is to promote business relations between Ghana and Singapore, which will allow Singaporean companies to partner Ghanaian companies, especially in boosting the manufacturing sector.
In this case the private sector in Ghana represented by AGI, as a result of the manufacturing component addition of the partnership the is looking for in this country.
The Centre Director of International Enterprise (IE) Singapore, Ian Lee told Daily Express that they believe AGI among the business association has that capacity or members to partner the Singaporeans to bridge that manufacturing gap in Ghana.
After the signing in Accra, the President of AGI, Nana Owusu Afari told Daily Express that the MoU signed intend to strengthening companies in Ghana and Singapore.
‘It is important note that the Singaporean companies are looking for business bodies in Ghana to do business with, and after carefully consideration AGI is the best choice. Apart from AGI there is no such group exist in Ghana, so they decided to partner us,’ said Nana Afari.
According to him the MoU signing and the partnership are the best opportunities for the Ghanaian companies to engage with.
He stated that as part of the MoU signed, both parties will lay out programmes of works or activities that the two intend to facilitate for a win-win situation.
‘On the part of Singapore they want to come and invest into companies here in Ghana. There are so many other things they want to do in this country,’ said Nana Afari.
He also revealed that majority of the products; produce by these manufacturing companies will be exported to Singapore.
‘We think this is a very good thing because Singapore is among the first world countries despite the population of about 5.3 million, and our country Ghana is among the third world countries. We are now gradually inching to the second. So we think that we can gain a lot of experience from Singapore by collaborating with them,’ said AGI President.
Members of AGI have started meeting the Singaporean team in Ghana and ‘if everything go on well, I believe the both will do business together,’ Nana Afari .
Nana Afari said Ghana is ready for industrial revolution and for that matter AGI is ready to partner any country to bring investment into the country, especially for the manufacturing sector.

Comments

Post a Comment

Popular posts from this blog

Vodafone sells 45% shares in Verizon for US$130 billion

Vodafone has sold its 45% stake in Verizon Wireless to US telecoms group Verizon Communications in one of the biggest deals in corporate history. The US$130 billion (£84bn) deal was announced by Vodafone after the close of trading on the London Stock Exchange. The company will return £54 billion to its shareholders, of which £22 billionn will go to shareholders in the UK. Vodafone will also invest money in its business, with funds earmarked for high speed mobile phone networks. It said that by 2017 its main five European markets would have almost complete 4G coverage. Possibly it would be wrong to carp and wring hands that Vodafone won't be paying a penny of tax to the British taxman” Vodafone group chairman Gerard Kleisterlee said: "The transaction will position Vodafone strongly to pursue our leadership strategy in mobile and unified communication services for consumers and enterprises, both in our developed markets and across our emerging markets businesses." The...
Post a Comment
Read more

Shortage of weighing cards hit major hospitals in Accra

By: Fred Yaw Sarpong- Daily Express There is scarcity of Child Health Records Book (weighing cards), in some major public hospitals in the capital, information reaching the Daily Express indicates. Checks by this paper revealed that while some of the hospitals have being encountering the shortage for about a year now, others started experiencing it six months ago. In place of the Child Health Record Book (weighing card), the nursing mothers are given a single card on which information of children are recorded on it. Those hospitals identified are the Korle Bu Teaching Hospital, Korle Bu Polyclinic, Kaneshie Polyclinic, Adabraka Polyclinic and the Ridge Hospital. At the Korle Bu Teaching Hospital, the nursing mothers are given yellow cards in place of the weighing cards. The Public Relations Secretariat at the Korle Bu Teaching Hospital said such information has not come to their notice and for that matter they cannot comment on it. “We do not have some ...
Post a Comment
Read more

ABL launches chibuku super in Bolgatanga

By: Fred Yaw Sarpong sarpong007@gmail.com Accra Brewery Limited (ABL) has officially launched the Chibuku Super drink at Bolgatanga in the Upper East region with the aim of reaching a lot of customers. Mr. Thomas Nii Ponku, Supervisor in charge of Chibuku Super at ABL told Daily Express that the management decided to launch the Chibuku Super drink in the Upper East region because they’ve realized it is similar to a traditional drink in the region. “Chibuku is like a well developed pito, a traditional drink made from fermented millet or sorghum in the Northern part of Ghana. So the idea is to provide them with similar drink,” he added. Mr. Nii Ponku disclosed this when members of the Institute of Finance and Economic Journalists (IFEJ) toured the facility of ABL to acquaint themselves with the expansion project at the factory. He mentioned that after a feasibility study, they realized there is a potential market for the product in the northern part of Ghana ...
Post a Comment
Read more