Eunice Hilda Ampomah, GNA
Accra, Sept. 7, GNA – Ghana’s largest
Multi-Sector International Exhibition has been inaugurated in Accra to promote
bilateral trade and business relationships among Ghana and involved countries.
The exhibition ceremony which was organised by
Exhibitions Masters, a Ghanaian company in collaboration with Fair Act
Exhibitions, an Indian exhibition company and Very Fair Exhibition, an
exhibition company from Dubai was to create new acquaintances in terms of
partnership between local and foreign industries.
The ceremony saw more than 150 companies from
15 countries including; Ghana, China, India, Turkey, Hong-Kong, Thailand, South
Africa, Dubai, the United Kingdom, Nigeria, La Cote D’Ivoire, South Korea, and
Rwanda exhibiting over 300 brands.
Brands were displayed from power and energy,
construction, automobiles, and spare parts companies.
Items displayed from power and energy
companies included; generators, transformers, smart electrometers, solar
panels, copper cables, power saving electrical appliances, renewable energy
gadgets and new smart system tools for regulating power.
The Construction and Automobile industries
also displayed iron rods, iron steel, window frames, and cars and spare parts.
Mr Prince Hari Crystal, Managing Director of
Exhibition Masters told the Ghana News Agency in an interview that the
initiative was to foster economic growth among the nations involved.
He said: “These foreign companies that have
taken part in the exhibition are not looking at competing with the local
industries, but to look for agents who can market their products in the sub
region and franchise deals”.
Mr Hari Crystal said there was no particular
criteria in selection of the countries involved in the ceremony and that they
were willing to partner more countries each year.
He mentioned that B5 Plus as a Ghanaian iron
and steel company as one of their main sponsors, Reroy group, dealers in
cables, the Honda Place Ghana Limited, dealers in Honda and Hyundai cars,
Stallion Group with Audi and Skoda cars, Perez energy, Worktech Engineering,
and New Lucky Electrical as some of the Ghanaian companies that were involved
in the exhibition.
He noted that the portfolio of exhibitions
determined the brands that were involved in the event, adding that Africa and
some parts of the world still had challenges in energy and power, hence the
focus on those sectors.
“The foreign companies have confirmed and
therefore consider Ghana as a base of operations in Africa and a safe zone
where economic stability, political stability makes it a fairer place to do
businesses,” he said.
Mr Hari Crystal explained that the ceremony
also observed the third Power Elec 2018, second construct Ghana 2018, second
Auto parts West Africa, second Ghana Motor show and Ghana Mine Expo 2018, all
being initiatives designed to make to boost the power, energy, construction,
automobile, and Mining sectors in Ghana and participating countries.
He said the event was going to include a
conference to deliberate on power on the next day as they had objectives of making Ghana a
power house for the sub region and would be organised in collaboration with
Nuclear Power Institute of the Ghana Atomic energy Commission, Volta River
Authority and the Ghana Grid Company Limited.
Delivering the keynote address, Dr Joseph
Obeng, Chief Executive Officer of the Ghana Union of Traders Association (GUTA)
said he believed the platform was a privilege for both foreign and local
companies to benefit from each other.
He urged foreign companies that were capable
of supporting Ghana in terms of power, energy, construction and other
businesses to support the country, adding that: “Ghana is a very friendly
country that accepts business partnerships and operates industriously when it
comes to doing businesses”.
Mr Birender Singh Yadav, Indian High Commissioner
to Ghana addressing participants at the ceremony said even though India had
good business relations with Ghana, it was willing to go the extra mile to help
promote and develop its automobile, power, construction, electrical sector.
He noted that measures had been undertaken to
reduce challenges associated with climate change in Ghana, adding that the
world needed operation and not competition, hence the need for countries to
support each other.
Mr Singh Yadav advised countries involved in
the ceremony to be guided by principles adding that India had become the sixth
largest economy in world and therefore was hoping to be the fifth next year.