The 2nd Powerelec Ghana 2017 and Construct Ghana, both international trade shows on Energy, Renewables, Electricals, Construction and its vertical Industries will be held in Accra, on August 10-12, 2017, at the International Trade Fair Center.
These trade shows will bring together top 200 exhibitors from over 15 countries across the globe to offer expertise to address challenges in the power and construction sector.
It will facilitate to bring together key decision makers from the government and corporate sectors and will serve as a platform for consultants and manufacturers keen to enter the thriving Ghanaian market.
“The 3-day trade show will bring together prospective investors who will meet and share ideas on setting up businesses and investing in the sub region’’, the organizers said.
“Powerelec Ghana and Construct Ghana will provide the energy and construction industry an unrivaled environment to meet a lot of suppliers all in one place. participants will have the chance to meet with exhibitors and explore new developments.
In addition, demonstration on new products, features comparisons and prices will be made available to participants”, the organizers added.
These trade shows will bring together key decision makers from government and corporate sectors from all over Africa and it is the ideal platform for consultants and manufacturers keen to enter the thriving Ghanaian market.
International exhibitors from countries of India, Turkey, Czeck Republic, Italy, Canada, China, Spain, Cyprus, Germany, South Africa, USA
VOLVO is the Gold Partner at the Construct Ghana show.
Ministry of Trade and Industry, Ministry of Energy, Association of Ghana Industries (AGI), Energy Commission, GRIDCO, Bui Power Authority, Exhibit Network Trade, PWC, Indo- African Chamber of Commerce and Industries, GREDA and CSDA, USA are throwing their weight behind the show
India is the Focus County of the event with FIEO (Federation of Indian Exporters Organization under Ministry of Commerce, Government of India), while Turkey is the Focus Country with active support of Ministry of Industry, Government of Turkey.
The event is organized by Orange IMC Ghana, FairAct India and VERIFAIR Dubai.
With the onset of the new Government, Ghana has once again thriving to create a successful business-enabling environment for inward Foreign Direct Investment (FDI) and has already received a “High” overall score for Doing Business by the World Bank in the past.
The economy has a diverse and rich resource base, including the manufacturing and exportation of digital technology goods, automotive and ship construction and the exportation of diverse and rich resources such as hydrocarbons and industrial minerals which have given Ghana one of the highest GDP per capita in Africa.
Electricity has become an indispensable prerequisite for enhancing economic activity and improving human quality of life. Average per capita electricity consumption in sub-Saharan Africa (excluding South Africa) is just 153 kWh/year.
This is 6% of the global average. Electricity blackouts occur daily in many African countries. Faced with this situation, people and enterprises often rely on expensive diesel power generation to meet their electricity needs.
To meet its growing demand Africa has an urgent need to raise the level of investment in its power sector. Comparing to region’s average, Ghana is better off, over 77% population has access to electricity.
Still the current capacity to needs has to double as the demand is growing over 12% per annum.
The potential of renewable energy is therefore huge, but has yet to be optimized, especially when Solar resource is abundant in Ghana.
The monthly average solar irradiation is between 4.4 and 5.6 kWh/m2 /day, with sunshine duration of between 1,800 and 3,000 hours per annum. However, until recently, little was done to exploit this resource and the solar market is relatively untapped, both for photovoltaic (PV) systems as well as for Solar Water Heaters.
Other options include BioEnergy (Biomass including waste-to-energy and Bio fuel), Tidal and Wave power, Solar Energy (Photo-Voltaic and Thermal), Wind Power, and Hydropower (small and large).
Ghana’s construction sector growing year-on-year as a contributor to the economy, is increasingly dynamic and led by private sector participants. Construction sub-sector recorded the highest year-on-year quarterly GDP growth rate of 16.3% in the third quarter of 2016.
Government investment is a major driver of growth, with a substantial pipeline of projects in transport infrastructure in particular expected to be rolled out in the coming years, often using public-private partnership models.