A joint Chinese and Thai investment company called TAICHIGA are set to support Ghana’s economy with over US$3 billion.
Project Coordinator for the company, Samuel Suleman, said they have seen government’s agenda for economic transformation and they here to support that laudable goal.
‘‘The Chairman together with his team have mobilized over 20 wealthy investors who are ready and willing with the support of the Chinese government to invest in Africa particularly Ghana’’ Suleman said.
He said they approached government’s Economic Management Team and have been given government’s priority areas for investment.
Suleman said for starters, the company has already invested some US$100 million in the mining sector and are ready to invest in about 100 mining concessions in the country, notable among them is Teresil Company Limited in the Ashanti Region.
“TAICHIGA will introduce new mining technology in Ghana to improve the mining sector without harming the environment,’’ he added.
Chief Executive Officer of TAICHIGA, Jeffy Nachipim said when they begin operations, they will offer employment to about 500-1,000 loca people and they are ready to follow Environmental Protection Agency regulations.
She explains further that, they do only deep mining and there is no way their activity will have any negative effect on the people, water bodies and farming in the their concessions.
“We do not destroy farmlands and water bodies with the kind of mining we do – farmers can still do their farming at our mining sites without having any effect and all we need is the support of Ghanaians’’ she noted.