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Overseas Commerce to serve as one stop logistics hub for trade in Ghana

Ethiopia Finally Admits Foreign Investment In Logistics Industry Port scene

Thu, 23 Jan 2020 Source: Eye on Port

Overseas Commerce Ghana Ltd, a logistics company located in the Tema Port enclave has held an open day forum with its stakeholders to interact with them towards improved working relationship and also discuss trends in the logistics ecosystem.

Overseas Commerce, currently operates a terminal hub dedicated to export and refrigerated cargo, a customs bonded warehouse and a commercial cold store warehouse.

Chief Executive Officer of Overseas Commerce Ghana Ltd, Boaz Amiel, said the company, which originates from Israel, is putting in place measures to ensure that it becomes a one-stop logistical hub serving importers and exporters in Ghana.

“We are also lucky that just about 300 metres across the street, we have the entrance to the new expanded port, which is one of a kind in West Africa. And if any of the importers wants to move fast to get goods to our storage place, it is easier because we are close to the port,” he expressed.

The Commissioner of Customs Division of the Ghana Revenue Authority, Col. Rtd Kwadwo Damoah, said his outfit, in addition to its primary mandate of generating revenue for the state, also seeks to provide the enabling environment for businesses to facilitate trade in the country, thus allowing OCGL to operate a customs bonded warehouse.

“We are also important facilitators of trade. So, if you have a partner who is in a position to assist in the realization of any of our goals, then we should be glad to be associated with them,” he expressed.

The Tema Branch Head of the Ghana Shippers’ Authority, Monica Josiah, explained the importance of having a world class logistics ecosystem to boost export trade in Ghana and lauded companies like OCGL, which is contributing to the country’s export goals.

“It will make our country attractive, more industries will be set up here which will create jobs for people. It will boost our exports and it will enable Ghana to maximize the advantages that are associated with increased exports.”

Adam Imoru Ayarna, the Vice President of the Ship Owners and Agents Association of Ghana, encouraged shippers to patronize such warehousing facilities in order to expedite their business processes.

“I don’t see why businesses would invest in warehouses when there are warehouse specialists around because it will add to your cost. So what is important is for you to make use of what exists and you will see that it will have an overall value to your business,” he urged.

Source: Eye on Port
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