DP World Group has met with the President of Ghana to discuss cooperation in customs technology, port operations, developing a freezone, rail transport and inland container depots to develop trade.<\/p>\n
A new customs agreement with Dubai company Customs World opens new areas for cooperation between the global port operator and the West African country.<\/p>\n
Customs World is a subsdiary of \u00a0PCFC (Ports, Customs and Free Zone Corporation) – Trakhees,\u00a0which provides services to Dubai World and its\u00a0subsidiaries\u00a0in Dubai, as well as\u00a0other areas controlled by Dubai Customs.<\/p>\n
Ghana signed a deal with Customs World in which it will\u00a0supply customs clearing services in the country and a national single window.<\/p>\n
Customs World had\u00a0acquired West Blue Ghana, the Ghanian IT firm engaged for the provision of Ghana\u2019s national single window and its risk management system, back in September, 2017.<\/p>\n
Customs World plans to invest in\u00a0new technologies and training for digital\u00a0customs platforms, as it does in other countries worldwide.<\/p>\n
The implementation of the new systems will be based on a risk engine that will improve efficiency in the country\u2019s ports and customs operations.<\/p>\n
It targets an increase in the government\u2019s revenue, while it reduces the cost of doing business at the ports for businesses.<\/p>\n
Another goal of the customs upgrades is to make processes efficient, lowering costs for ports and transport providers and enabling more efficient trade flows.<\/p>\n
Ghana\u2019s trade development projects will also support businesses aiming to reach international markets.<\/p>\n
A report by DP World on Africa an arm of the US magazine The Economist called Intelligence Unit projected an 8.3% reduction in trade costs from various trade-related projects.<\/p>\n
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem, said: \u201cIntegrating ports, customs, and freezones in Ghana will benefit the country enormously, enabling business to trade faster and more efficiently than ever before.\u201d<\/p>\n
\u201cDubai is a model for the world and we can support developing nations such as Ghana in the long term implementation of such strategies as the recent agreement with Customs World demonstrates.<\/p>\n
\u201cOur flagship Jebel Ali port in Dubai is a pioneer with its logistics corridor connecting freezone, port and nearby airport with customs operations and digital processes such as the Dubai Trade portal to enable companies to move their goods.<\/p>\n
\u201cGhana\u2019s ports and customs systems can make it a regional trade transport and logistics hub and a leader on the continent.\u201d<\/p>\n
\u201cTrade and not just aid is one of the key action points African nations have raised and development of infrastructure and transport connectivity will help considerably.<\/p>\n
\u201cTrade is a gateway to development and regional cooperation through public private partnerships and will benefit all. Africa is in a unique position in that it has the chance to trade with an untapped market \u2013 itself. Countries such as Ghana can help make this ambition a reality given its access to the sea and the fact that 90% of trade in Africa is along its coastline.\u201d<\/p>\n
–<\/p>\n
Credit: Customs World<\/p>\n","protected":false},"excerpt":{"rendered":"
DP World Group has met with the President of Ghana to discuss cooperation in customs technology, port operations, developing a freezone, rail transport and inland container depots to develop trade. A new customs agreement with Dubai company Customs World opens new areas for cooperation between the global port operator and the West African country. Customs […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[32],"tags":[],"class_list":["post-358771","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/358771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=358771"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/358771\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=358771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=358771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=358771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}