About 10 of these businesses are involved in the Ghana-Thailand Rice Project and are part of the Thailand rice value chain.
The businesses, which span the entire rice value chain, include, among others, Smart Engineering Consultants Company, FairAgora Asia Ltd., New Kaset Thai Company Ltd., TAMCO Trading International Co. Ltd., Glofert Growing Growth, and Hypro Foods World Co Ltd. Fertilizer manufacturers, dealers of rice milling equipment, and seedling research centers.
The remaining companies are Deler International Rice Machinery Co., TNP Billionaire Group, SQI Group Company Limited, and Aneksin Motor Partnership Limited.
On Sunday, March 19, 2023, the MoUs were signed with the corporations at Grand Fortune, Bangkok in Thailand, which was hosting a Thailand-Ghana Business Conference.
While several Chief Executive Officers (CEOs) signed for their own companies, Mrs. Adelaide Araba Siaw Agyepong, the CEO of the Asian African Consortium (AAC), commenced for the JGC.
Yaw Addo Frimpong, the deputy minister of food and agriculture in charge of crops, Mrs. Florence B. Akonor, the honorary consul of Ghana in Thailand, Dr. Sicha Singsomboon, and Dr. Joseph Siaw Agyepong, the founder and executive chairman of the JGC, were all present at the signing ceremony.
A Ghanaian delegation led by the Executive Chairman of the Jospong Group of Companies (JGC) attended the business conference, which was held with the topic “Ghana-Thailand Business Forum; Collaboration for Sustainable Rice Production in Ghana.”
The Ghana delegation included professionals and academics from a range of institutions, including the University of Ghana, Legon, the University of Cape Coast, Kwame Nkrumah University of Science and Technology (KNUST), the Centre for Scientific and Industrial Research-Crop Research Institute (CSIR-CRI), the Ghana Rice Farmers Association, the Competitive African Rice Platform, traditional leaders, metropolitan, municipal and district chief executives (MMDCEs), and private businesses.
The CEO of AAC, Mrs. Adelaide Araba Siaw Agyepong, thanked the Thai enterprises for their enthusiasm in collaborating with the company for the success of the Ghana-integrated rice project in a press conference shortly after the signing ceremony.
She stressed, “We will require your complete support once we have signed MoUs with you (referring to the Thai rice firms), which signifies that we have placed our trust and confidence in your companies.
She said that “we work with speed and will be doing the same with your firms,” claiming that the partnership they have formed will be advantageous to both parties.
In this regard, she urged Thai businesses to visit and research Ghana.
She said, “A team will be working with you (the Thai rice companies) to make sure we start the rice project in Ghana execution right away.
Mrs. Florence B. Akonor, Ghana’s High Commissioner to Malaysia, allayed the Thai people’s concerns that they would lose out on the relationship.
Ghana and Thailand stand to gain from the alliance we are forming with your businesses, she claimed.
She proclaimed, “Ghana is a safe location to invest, and your investments will be protected.