The Ghana Investment Promotion Centre (GIPC) has outlined a plan to map investment opportunities across all districts in Ghana to create a comprehensive database of regional investment prospects to enhance trade.
Simon Madjie, the Chief Executive Officer of GIPC, said this when he paid a courtesy call on Madam Elizabeth Ofosu-Adjare, the Minister of Trade, Agribusiness, and Industry, to discuss strategies that will enhance the business environment and attract investments.
“One of our priorities is to identify investment opportunities across every district in Ghana. This will culminate in a detailed database on regional investment prospects, which the Centre and the Ministry can leverage during trade missions to court investors,” he said.
Mr Madjie emphasised the importance of strengthening collaboration with aligned state agencies to streamline the country’s investment promotion efforts through a unified national strategy to position Ghana as the premier business destination in the region.
“To present a clearer picture of total investments attracted into the country, we must work with all relevant agencies to ensure accurate and comprehensive investment data,” he said.
Mr Madjie highlighted opportunities for both local and foreign investors to capitalise on the Government’s 24-hour economy policy and seamlessly integrate into the African Continental Free Trade Area (AfCFTA), offering access to a vast regional market.
Madam Ofosu-Adjare, on her part, reaffirmed her commitment to working closely with the GIPC and other agencies under the Ministry to foster an ecosystem conducive for all businesses.
She disclosed plans to engage the leadership of agencies soon to develop a concrete action plan to enhance coordination.
The Minister said plans to launch the “Feed the Industry” project were underway to ensure that produce from commercial contract farmers directly supplied Ghanaian industries to tackle raw material shortages.
“This initiative presents exciting opportunities for collaboration between government agencies, private sector players, and investors,” she noted.
Madam Ofosu-Adjare identified several priority areas for investment, emphasising the need to intensify efforts in channelling investments into those areas.
Additionally, she pledged her full support in advancing the Ministry’s mandate to boost Ghana’s investment competitiveness.
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