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GIPC CEO PAYS COURTESY CALL ON TRADE MINISTER

todayFebruary 24, 2025 2

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The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, recently met with the Minister for Trade, Agribusiness, and Industry, Hon. Elizabeth Ofosu-Adjare, to discuss collaborative strategies for enhancing Ghana’s business environment and attracting investment.

Mapping Investment Opportunities Across Ghana

During the courtesy call, Mr. Madjie outlined GIPC’s ambitious plans to map investment opportunities across all districts in Ghana. This initiative aims to create a comprehensive database of regional investment prospects, which will enable both GIPC and the Ministry to effectively market these opportunities during 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 stated.

Strengthening Collaboration with State Agencies

Mr. Madjie emphasized the importance of closer collaboration with aligned state agencies to streamline Ghana’s investment promotion efforts. He underscored the need for 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 added.

Leveraging Policy Initiatives for Investment Growth

Highlighting the wealth of opportunities available for both local and foreign investors, Mr. Madjie pointed to the government’s 24-hour economy policy and the African Continental Free Trade Area (AfCFTA) as key enablers for business growth. These initiatives, he noted, offer investors seamless integration into a vast regional market, unlocking significant economic potential.

He urged the Minister to support GIPC’s efforts in achieving these goals, stressing that collaboration between government agencies is essential for creating a thriving investment landscape in Ghana.

Minister’s Commitment to Business-Friendly Policies

Hon. Elizabeth Ofosu-Adjare reaffirmed her commitment to working closely with GIPC and other agencies under the Ministry to foster a business-friendly ecosystem. She highlighted ongoing efforts to enhance coordination among agencies and announced plans to engage their leadership soon to develop a concrete action plan for strengthening partnerships.

Additionally, she disclosed the Ministry’s plans to launch the Feed the Industry project. This initiative aims to ensure that produce from commercial contract farmers directly supplies Ghanaian industries, enhancing the country’s agro-processing sector and boosting industrial growth.

Conclusion

The meeting between GIPC and the Trade Ministry marks a significant step toward aligning Ghana’s investment promotion efforts with national economic policies. With stronger collaboration and strategic initiatives in place, Ghana is well-positioned to attract investors and solidify its status as a top business destination in the region.

Written by: Perry Adams

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