The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, 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.
During a courtesy call on the Minister, Mr. Madjie outlined the Centre’s plans to map investment opportunities across all districts in Ghana. This initiative, he explained, would result in a comprehensive database of regional investment prospects, enabling both GIPC and the Ministry to market them effectively 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 noted.
He also emphasized the need for closer collaboration with aligned state agencies to streamline Ghana’s investment promotion efforts. A unified national strategy, he argued, was crucial for achieving the shared objective of positioning Ghana as the 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 added.
Mr. Madjie further highlighted opportunities for both local and foreign investors to capitalize 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.
Plugging into the conversation, Hon. Ofosu-Adjare 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 produce from commercial contract farmers directly supplies Ghanaian industries, there by 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 emphasized the need for GIPC and its partners to intensify efforts in channelling investments into these areas. As the sector minister, Hon. Ofosu-Adjare assured Mr. Madjie of her full support in driving GIPC’s mandate to enhance Ghana’s investment competitiveness.
