Ghana-Malaysia Business Club launched
Audrey Micah, Ghanadot

Accra, Oct 1, Ghanadot - The High Commissioner of Malaysia to Ghana, Dato’ Razinah Ghazali has stated that promoting closer bilateral economic cooperation between Ghana and Malaysia in trade, business and investment will boost economic opportunities in the country.

She said this at the launch of the Ghana-Malaysia Business Club (GMBC) at her residence in Accra yesterday.

Her Excellency Razinah Ghazali explained that the formation of the GMBC is timely and opportune not only to Malaysians businessmen, but Ghanaians as well.

She said many Malaysians are not aware of the business and investment potentials that exist in Ghana, adding that, "we would like Malaysians to view Ghana as Africa’s golden gateway.”

According to her, with Ghana’s population of 22 million, there is the need for the nation to expand its market by having lot of trading activities across the border with West African countries.

“As a founding member of ECOWAS, Ghana could serve as a spring board for Malaysian goods and commodities to penetrate into West African market of 250 million consumers…we would like Ghanaians to take advantage of the vast market through Malaysia.”

The High Commissioner noted that though trade between the two countries is small, there has been steady increase in recent years.

“Last year, total imports from Ghana stood at approximately $1.5million while exports to Ghana was around $1.6 million, Malaysia total imports was $1.2 million while exports stood at $1.5 million.”

The absence of Malaysia trade representative in Ghana, to her has made it difficult for the business entities to source relevant information, thus the need for the formation of GMBC to supplement the High Commission’s efforts to educate and disseminate useful information to the public.

“I hope that members of the GMBC will not only have the enthusiasm, determination and perseverance to strengthen their business but also help promote and strengthen business ties between Ghana and Malaysia through various activities and programmes.”

Launching the GMBC, Hon. Ato Ahwoi from the Office of the President, who represented his brother, Hon. Kwesi Ahwoi, Minister of Food and Agriculture, said the formation of the GMBC is a laudable idea which will help the nation’s economy significantly.

He said the time has come for Ghana to challenge herself, by exporting finished products to Malaysia and the rest of the world, rather than the normal row material syndrome, adding that “we must have only one thing in mind that by the year 2020, Ghana will be a middle income country.”

Mr. Ahwoi urged Ghanaians to have a positive attitude to work, since that is the only way to develop a country.

H.E Dan Abodakpi, Ambassador designate to Malaysia, pledged to ensure that Ghana is recognized in the minds of investors and businessmen in Malaysia as investment destination in the sub-region.

“It is my hope that with a platform now been in place, when I assume my post as a High Commissioner to Malaysia will sue this platform to create a greater collaboration between Ghana and Malaysia.”

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