GIPC ready to tour Ghana to boost local investment

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    Chief Executive Officer, Mrs. Mawuena Trebarh

    The Ghana Investment Promotion Center(GIPC ) has announced pragmatic measures to meet the local content requirements of the center’s investment promotion mandate to increase indigenous participation in job creation.

    The programme will provide a growing platform to update existing information, identify and collate domestic data on various new investment projects and opportunities in all ten regions of the country.

    Launching the programme in Accra, the Chief Executive Officer, Mrs. Mawuena Trebarh, explained that the primary objective is to foster partnerships and other relevant interventions for prosperity of Ghanaian business community.
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    “The programme comprises the organization of regional investment workshops to in selected project sites to obtain first-hand information on projects being implemented by local investors and sensitize the locals on the work of the center”, she said.

    She pointed out that the center will identify specific investment opportunities for promotion in each region and encourage local companies to register with the center for information on relevant benefits and incentives under the GIPC Act, 2013 (Act 865).

    “We will also deliberate with Regional Coordinating Councils and other stakeholders on how to attract the most appropriate investments into their areas of jurisdiction”, she said.

    Mrs. Trebarh added that the center will engage in policy discussions with the private sector and local Small and Medium Enterprises on how to inject capital for growth.

    Touching on some outcomes on previous events, she recalled that a total of 115 private sector projects were sourced, profiled and promoted, with 74 of them making positive gains on their businesses last year.

    “The year 2014 realized a total of 128 projects spread across agriculture and agro processing, manufacturing, services, tourism, construction, oil, and mining sectors”, she said.

    She disclosed that over 200 enquiry receipts from prospecting investors have shown interest in this year’s projects.

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