GIPC CEO calls for collaboration among allied institutions to promote investment
The Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), Mr Simon Madjie, has called for a closer collaboration between allied state agencies to streamline Ghana’s investment promotion efforts.
He explained that a unified national strategy was crucial for achieving the shared objective of positioning Ghana as a top 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 stated.
Mr Madjie said this when he paid a courtesy call on the Minister of Trade, Agribusiness, and Industry, Mrs Elizabeth Ofosu- Adjare, at her office last Thursday.
The visit was to discuss collaborative strategies for enhancing Ghana’s business environment and attracting investment.
Mr Madjie during the interaction, outlined the Centre’s plans to map out investment opportunities across all districts in Ghana.
The initiative, he explained, would result in a comprehensive database of regional investment prospects which would enable both GIPC and the Ministry to effectively market them during their trade missions.
“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,” Mr Madjie explained.
He also 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.
He, therefore, urged the Minister to support GIPC’s initiatives in achieving these goals.
Mrs Ofosu-Adjare, on her part reaffirmed her commitment to working closely with GIPC and other agencies under the Ministry to foster an ecosystem that is conducive for all businesses.
She announced efforts to engage the leadership of agencies soon to develop a concrete action plan for strengthening partnerships and enhancing coordination.
She also disclosed plans to launch the “Feed the Industry” project, aimed at ensuring that from commercial contract farmers directly supplies Ghanaian industries, thereby addressing raw material shortages.
“This initiative presents exciting opportunities for collaboration between government agencies, private sector players, and investors,” she noted.
She further identified priority sectors ripe for investment and emphasised the need for GIPC and its partners to intensify efforts in channelling investments into these areas.
Mrs Ofosu-Adjare assured Mr Madjie of her full support in driving GIPC’s mandate to enhance Ghana’s investment competitiveness.
BY JEMIMA ESINAM KUATSINU