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Turkish investors urged to set up steel manufacturing in Ghana
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Friday, 13 Jul 2012
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Mr Seth Adjei Baah president of Ghana Chamber of Commerce and Industry has called on Turkish investors to consider setting up a steel manufacturing company in Ghana.

He said that given the long bilateral trade relations between Ghana and Turkey, the time had come for the two countries to create wealth and develop together. With the current political and economic stability in the Ghana, establishing a steel factory in Ghana would not only benefit the people of Ghana but also the whole of the ECOWAS sub region and beyond.

Turkey has emerged strongly on the global steel market and its total crude steel production is expected to reach 38 million tonnes at the end of 2012 with exports around 18.1 million tonnes worth USD 15.4 billion in 2011.

The delegation, representing 21 leading companies across Turkey and Europe is in the country under the auspices of the Turkish Steel Exporters' Association led by its Board Chairman Mr Namik Ekinci.

Mr Ekinci said that the visit further demonstrated the growing importance of Ghana as a key emerging market and a potential strategic trading partner.

Mr Pinar Tokur Sector Manager of Turkish Steel Exporters' Association said that the business visit and trade exchange sessions would not only be a great platform for productive dialogue between Ghana and Turkey but would also boost the steel sub sector and the Ghana manufacturing base.

Source - Ghana News Agency

(www.steelguru.com)

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