Turkey looking to do business in Ghana

The Turkish Kitchenware sector is working to increase its trade investment inflow in Ghana through partnerships with Ghanaian industrialists within the next five years.

Currently, Turkish kitchenware exports to Ghana stands at $1.06 million. However, Turkey’s overall annual kitchenware exports to the rest of the world stands at $4 billion.

Mr Murat Akyuz, Chairman of the Istanbul Chemicals and Chemical Product Exporters’ Association (ICCPEA), who led a 14-member business delegation to Ghana, said the current export levels were low and that the target was to increase it ten-fold.

Akyuz said, ”Our goal is to increase the Turkish kitchenware exports to Ghana to $10 million in the next three years and $20 million in the next five years.” The delegation has had business meetings with kitchenware importers, distributors, wholesalers and retailers in the country.

Mr Akyuz indicated that Ghana was chosen because of its great potential as a stable democracy and as the gateway to countries in the West African sub-region. He also said the long-term focus of the delegation was to seek joint-venture opportunities with their Ghanaian counterparts to enable the fruition of shared expertise on the production of kitchenware.

”Our focus is not sales but our vision is to encourage Turkish industry players to see Ghana as a market they could establish their production plants to produce locally and for export to the rest of the countries in West Africa,” Mr Akyuz said, adding that, selling alone will not help each other’s economy.

Source: Spy Ghana