Ghana’s Ambassador-Designate to South Korea, Kojo Choi, has expressed optimism that Ghana could secure substantial high-value investments from Korean companies, provided the right conditions are in place to ensure mutual benefit.
Speaking on Channel One TV’s Face to Face programme with host Umaru Sanda Amadu on Tuesday, August 12, Choi said Korea’s highly industrialised and technology-driven economy is seeking new markets and growth opportunities — and Ghana, along with the wider African continent, is well-positioned to become a key platform for Korea’s next phase of expansion.
“If it will benefit our country [Ghana], we have to go and see what is in there. Korea is a very high-tech, very industrial place, and many companies there are looking for ways and means to embark on their next journey,” Choi explained. “I believe Ghana and Africa can provide that platform. But there are certain conditions — they will only come when they know it’s beneficial to them, and Ghana should only engage when we know it’s beneficial to us.”
Choi emphasised that attracting Korean investment will require creating a favourable business environment, including clear regulations, infrastructure readiness, and strong bilateral relations. He noted that such partnerships must be built on reciprocity, ensuring that benefits are shared by both Ghanaian and Korean stakeholders.
“A good ambassador understands business and knows how to balance a win-win. I believe a lot could be done in that sense,” he added.
Choi’s comments come at a time when Ghana is intensifying its investment promotion efforts, with a focus on industrialisation, technology transfer, and trade diversification. South Korea, known for its global tech giants and advanced manufacturing base, is increasingly exploring emerging markets in Africa for strategic partnerships.
If Ghana succeeds in aligning its policy environment with investor needs, analysts say the country could become a gateway for Korean investment into West Africa, spurring job creation, infrastructure development, and technology adoption.
