Massive multibillion dollar foreign direct investment (FDI) is underway in Ghana from Brazilian manufacturing company, Canada Containers (CC).
Though analysts say the company’s key target market is Nigeria, but better ease of doing business may have cost Nigeria the investment.
The group had given indication that it would make Ghana the hub of its operations in the West Africa sub-region.
Announcing its presence in Ghana, the Company, which specializes in the production of differentiated product logistics for use across several industries through the transformation of containers, says it aims to expand its activities from Ghana to other countries in West Africa.
Business Hilights gathered that the group was part of a delegation of Brazilian investors who visited Accra in August this year on a Trade and Investment Mission organised by the Brazilian Ministry of Foreign Affairs.
Canada Container’s wide-ranging infrastructure products can be used by a multiplicity of industries and sectors which include Construction, Mining, Health, Education, Agribusiness, Commercial activities (Trading/Shops), Urban/Rural housing and also for the Hospitality sector.
“Based on the demands we have identified, we intend to offer products and projects that will cater for low-income sectors in rural and urban housing, warehouses for the storage of grain and other commodities, customized modules for health posts, schools, churches, offices, vocational training centres, washrooms and toilets, security guards posts and other products,” management of the Company said.
With over 19 years’ experience, Canada Containers is a key reference point and an industry standard for modular structures. With its own manufacturing system, the company stands out by offering complete and customized solutions.
Currently, its differentiated logistics system and specialized assembly team guarantee agility and speed in the mobilization and demobilization of structures of all sizes and coverage throughout Brazil. This is the expertise that Canada Containers is seeking to bring to Ghana and the rest of West Africa.
Head of International Division at Canada Containers, Wilson Mendonca Jr, said the company planned in the medium term to start manufacturing locally using raw materials as well as labour from Ghana thus adding value to the local economy”.
“Canada Containers will not only be exporting finished products from Brazil, but also manufacture locally,” he said.
Continuing, he averred that Canada Containers would hold a two-day exhibition from Wednesday December 6 and Thursday December 7 to showcase its manufacturing expertise.
Dubbed ‘ExpoSolutions,’ the exhibition will afford Canada Containers the opportunity to display and offer Ghanaians an interactive experience of their complete and personalized modular structure solutions.