The Kumasi Metropolitan Assembly (KMA) and the Wenzhou Municipal in China have signed a Sister-City Relations Agreement to boost trade and business partnership between the two cities.
The car park project when completed will also reduce unnecessary vehicular traffic jam in and around the Kumasi city.
The cooperation would enhance collaboration between the two cities in the areas of Education and Technological development.
Under this relations, business persons from Kumasi and Wenzhou will be brought together to share business ideas and also explore ways in improving the business environment in both cities.
The business persons from both cities will also share technological ideas that will go a long way to enhance the growth of key businesses especially for those in Kumasi.
The Wenzhou Municipal has also agreed to bring on board new businesses to expand opportunities for their counterparts in Kumasi who will like to take advantage to develop their already existing ventures.
As part of the agreement, the Wenzhou University in China and the Kumasi Technical University together with the Kwame Nkrumah University of Science and Technology (KNUST) both in Ghana will embark on exchange programmes to provide technological development to students from these institutions.
The Wenzhou University will also provide scholarships for selected students in Kumasi who will have the opportunity to study new technology in China.
At a ceremony to sign the agreement between the KMA and a delegation from the Wenzhou Government on Tuesday 14th June 14, 2016, Kumasi Mayor, Kojo Bonsu lauded the partnership and said it would go a long way to help the growth of businesses and the improvement of infrastructure in the Kumasi city.
“About a couple of months ago, we went to Wenzhou in China. A letter of intent was signed for us to be able to have a sister-city relationship with Wenzhou. By the Chinese procedure, you don’t go through signing the agreement, but you get a letter of intent then the actual agreement. Within two months they are here to fortify the relationship and make it stronger,” the Mayor said
Mr Bonsu added that there are brighter prospects in the relationship between the two cities.
He also believes that the relationship would contribute to the socio-economic growth of not only Kumasi but also Ghana as a whole.
The Mayor has therefore urged the people of Kumasi to embrace the partnership between both cities.
Chairman of the Wenzhou Municipal Government, who led the delegation from China, said the economic and trade cooperation between Wenzhou and Africa has developed at a faster rate in recent times; hence more business persons in Wenzhou will always want to invest in Africa.
Mr Xu Liyi indicated that “We can say that the economy of Wenzhou and Kumasi are highly complementary to each other. We can cooperate in different areas including capital, human resource, techonology and marketing. And we are also very happy to see that more and more Wenzhou business men are investing and doing business in Kumasi because of its business attraction.”
Mr Liyi pledged that the cooperation will be targeted at improving the manufacturing and technology sectors of both cities.
The KMA has hoisted flags of the Wenzhou city and China at its premises and the office of the Mayor.