Arab Today, arab today ghana\s heavy equipmentwins deal for chinese
Last Updated : GMT 16:22:21
Arab Today, arab today
Arab Today, arab today

Ghana\'s heavy equipment wins deal for Chinese

Arab Today, arab today

Arab Today, arab today Ghana\'s heavy equipment  wins deal for Chinese

Accra - Xinhua

The State owned Ghana Heavy Equipment Limited (GHEL) had secured the license to distribute earth-moving machines of Chinese firm, Liugong, Minister for Trade and Industry Hannah Tetteh announced here on Tuesday. It has also secured the dealership rights for distributing similar equipment of Indian manufacturers, BML. Addressing the media here, the minister said the company had already started distributing various models of the Luigong products to Chinese firms working in the West African country. In addition, Tetteh said, GHEL had also distributed tractors to farmers and corporate institutions in the country. GHEL is a government-owned limited liability company with its main business focusing on the sale and servicing of earth-moving equipment and agricultural machinery. The company was carved out and established as a whole commercial enterprise in 1995 when its mother-company, Ghana National Trading Company (GNTC), was put on divestiture. Until recently, GHEL was the sole distributor of Komatsu earth- moving equipment for the mining, construction and timber industries in Ghana. This franchise has however been lost to another competitor, Mantrac. This new business, the minister said, was an equally good replacement for what had been lost to their competitors. \"Equipment brought into the country so far, including tractors, have helped improve agriculture, create jobs and enhance the livelihoods of many people,\" Tetteh pointed out. According to the minister, the GHEL has also been able to penetrate the West African market with the provision of services and the supply of spare parts. The minister also announced the establishment of a Tariff Advisory Board (TAB) to deal with complaints from Ghanaian manufacturers. There had been several complaints by local producers, claiming that products which had been enjoying high subsidies in their source countries had been entering the Ghanaian market, some illegally, and competing with locally manufactured goods. \"Much as we would like to deal with these complaints, most of them come with anecdotal evidence which is untenable in international trade circles,\" Tetteh said. She therefore said the TAB would deal with evidence based complaints which would help in dealing with issues of protecting local manufacturers against unfair competition.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ghana\s heavy equipmentwins deal for chinese Arab Today, arab today ghana\s heavy equipmentwins deal for chinese

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ghana\s heavy equipmentwins deal for chinese Arab Today, arab today ghana\s heavy equipmentwins deal for chinese

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday