The Governments of Ghana and South Korea have signed a memorandum of understanding, MOU. The MOU is to improve the production of rice in some selected areas of Ghana.
The MOU allows South Korea to support rice production in the Assin North Municipality and the Assin South, Twifo-Atti-Morkwa and Gomoa East districts with a grant of $8 million (GH¢43.2 million).
The support will involve improving capacity and rice seed development, providing agricultural machinery and equipment and the construction of a rice milling plant and agricultural equipment storage facility all within the period from 2019 to 2023.
The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, and the Deputy Country Director of the Korea International Cooperation Agency (KOICA), Ms. Jeongyi Choi, signed for their respective government.