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The Jospong Group of Companies (JGC) has commenced its integrated rice farming project following the decision of the government to boost the economy through import substitution.
Presenting the 2023 Budget in Parliament on Thursday, November 24, the Minister of Finance, Ken Ofori-Atta, said as part of efforts to promote exports, the government will expand the productive capacity in the real sector of the economy and actively encourage the consumption of locally produced rice, poultry, vegetable oil and fruit juices, ceramic tiles among others.
In furtherance of this, a team from the JGC led by its Executive Chairman, Dr Joseph Siaw Agyepong, visited Thailand to understudy the Thai rice sector in order to replicate their experiences and strategy in Ghana.
The intention of Jospong Group of Companies is to partner with major rice industry players in Thailand to provide technical and equipment support for the entire rice value chain in Ghana with the aim of producing rice for the local and export market.
The JGC delegation was supported by the High Commissioner of Ghana in Malaysia in charge of Thailand and other South-East Asian countries, H.E Mrs Florence Akonor.
In her remarks, the High Commissioner indicated that the rice project marks another level of bilateral cooperation between Thailand and Ghana for mutual benefits.
She expressed deep appreciation to the Honorary Consul, Dr Sicha Singsomboon, and her team for their hard work in facilitating the visit.
She stressed that the collaboration was fundamental for deepening cooperation to improve the economies of both countries, especially for rice production.
