The R.P.-Sanjiv Goenka group-owned tea and plantations company says it would invest nearly Rs 300 crore which is equivalent to about $65 million to set up the plantations, said N. Dharmaraj, Executive Director of Harrisons Malayalam, the Hindu BusinessLine reported February 22, 2013.
Invest in Ghana
The report quoted Dharmaraj as saying that “We visited Ghana recently and held discussions with (government) officials for developing rubber plantations. They are yet to get back on our proposal.”
He indicated that a rubber plantation takes around five-to-six years to mature and a hectare of plantation generally yields about 1,800 kg of crop annually.
By Ekow Quandzie/ghanabusinessnews.com
Meanwhile, leading sustainable agricultural investments companies such as UK based +Growth Green Agriculture have been investing in Ghana's agricultural sector for the farming of chia crops on its Ghana Farming Land.
Chia is a fast growing crop with, in the opinion of Growth Green Agriculture excellent profit potential. Chia is grown commercially for its seed, a food that is rich in omega-3 fatty acids.
Read more: Chia: the miracle food which is all it is cracked up to be
But why invest Ghana?
The country has enjoyed two peaceful democratic transitions, with a strong civil society and media playing active roles.
Ghana also remains on course to achieve the Millennium Development Goal of halving poverty by 2015, with economic growth averaging 6–7 percent since 2005.
Download the World Bank Report: Ghana - The Challenges of Becoming a Middle Income Country
For information about Ghana's socio-economic status visit: Reasons to Invest in Ghana
About Growth Green Agriculture
Growth Green Agriculture Plc is a UK based agricultural investments company specialising in emerging markets offering unique opportunities to invest in Ghana. GGAgriculture acts as consultant on green and socially responsible investments to the private and institutional investor community in Europe.
For more details visit http://www.ggagriculture.com
