AGI Office Opened In Qingdao, China

The opening of the AGI office was done by First Lady Mrs. Rebecca Akufo-Addo. The opening of the AGI office which was facilitated by the Belt and Road Collaborative Innovative Centre (BRCIC) of China, is expected to boost Chinese investment in Ghana, especially towards the One-District-One Factory (1D1F) programme.

The First Lady said the opening of the office was a testimony to the good relations between the two countries and she is confident the initiative would increase business cooperation between Ghana and China.

She empowered the business group in Ghana to exploit the new office guaranteeing them she will always be available to give the required help to guarantee that the initiative ends up successful.

The President of the AGI, Mr James Asare Adjaye, on his part noted that opening of the liaison office is part of the association’s efforts to support Ghana’s industrialization agenda.

He stated that though the facility will be managed by AGI, it would be opened to all Ghanaian businesses, trade associations, and state institutions.

Mr Adjaye said that the AGI as well as the international business community especially BRCIC are enthusiastic about the 1D1F programme therefore opening of an office in China will help “promote Chinese investment in Ghana”.

He noted that currently the AGI with government’s support has arranged a $2 billion turn key financial facility from the Chinese National Building Materials Company (CNBM) to support Ghanaian businesses that would operate under the 1D1F initiative.

The chairperson of BRCIC, Ms Zhang Lu commended Ghana for being the first country to open a liaison office under the initiative and pledged to support the office.

The First Lady is in China as part of an 8-day visit to various parts of the country together with female business entrepreneurs from the manufacturing, cosmetic, agriculture, garments and textile and construction industries.

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