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Ghana opens doors to Thai Investment in Palm Oil and Agriculture

Edzorna Francis Mensah by Edzorna Francis Mensah
June 15, 2026
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Ghana opens doors to Thai Investment in Palm Oil and Agriculture
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The Deputy Minister for Food and Agriculture, Hon. John Dumelo, on Monday received a high-level delegation from the Kingdom of Thailand led by H.E. Mrs. Urasa Mongkolnavin, Director-General of the Department of South Asian, Middle East and African Affairs at Thailand’s Ministry of Foreign Affairs, during a courtesy call at the Ministry in Accra.
Discussions focused on strengthening agricultural cooperation between Ghana and Thailand, with particular emphasis on food security, sustainable agricultural development, agribusiness investment and opportunities for public-private partnerships.
A key highlight of the meeting was the interest expressed by Thai investors in Ghana’s palm oil sector. The delegation explored opportunities for establishing palm plantations and processing facilities to support growing demand within the industry.
Hon. Dumelo reaffirmed the Government of Ghana’s commitment to creating an enabling environment for agricultural investment and assured the delegation of the Ministry’s support in facilitating access to suitable land for agricultural projects. He noted that Ghana possesses significant agricultural potential and identified the Oti, Ashanti and Ahafo Regions as areas with favourable conditions for palm cultivation.
The Deputy Minister also highlighted opportunities for collaboration with local farmers and encouraged investments that would support value addition, job creation and increased productivity across the palm oil value chain. He further outlined available investment incentives, including possible tax concessions on imported agricultural equipment and support through relevant government agencies.
Both sides expressed optimism about the prospects for deeper cooperation and agreed to continue engagements aimed at advancing agricultural development, trade and investment between Ghana and Thailand for the mutual benefit of both countries.
The delegation, which is in Ghana from 13 to 19 June 2026, included H.E. Mr. Thirapath Mongkolnavin, Ambassador of Thailand to Nigeria and concurrently accredited to Ghana, officials from Thailand’s Ministry of Foreign Affairs, representatives of the Royal Thai Embassy in Abuja, Thai businesses, financial institutions, and members of Thai Community Ghana LBG.
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