Use Investment Submit To Win More Investors To Ghana - Prez Akufo-Addo Urges GIPC
The Ghanaian president was speaking in Accra at the 2021 GIPC investment summit christened by SparkUp.
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President Akufo-Addo has urged the Ghana Investment Promotion Centre (GIPC) to explore ways in improving the turnaround time and efficiency in which potential investments are integrated into the economy.
Speaking in Accra at the 2021 GIPC investment summit christened by SparkUp, the President also tasked the Centre to address the bottleneck that slows down potential investment in order to woo more investors to unlock Ghana's Investment opportunities.
He said the government has the blueprint for revitalization the Ghanaian economy from the ravages of the pandemic. President Akufo-Addo also commended the GIPC for attracting more foreign direct investments into the country in the first half of the year.
He said in spite of the ravages of the COVID-19 pandemic, Ghana will achieve positive growth in the economy.
Spark Up is an annual investment onboarding summit that connects investors, facilitators, facilitating agencies, private service providers, and the general public to unlock fully Ghana’s investment potential. It is the single most important platform that connects all the dots in the Foreign Direct Investment (FDI) ecosystem.
The Chief Executive officer of GIPC, Yoofi Grant, justified the need for investors to consider Ghana as their investment destination. He said Ghana apart from having a resilient economy and human capital advantage, is also endowed with diverse Natural Resources and a competitive business environment among others.
He added that there have been 122 foreign direct investments inflows and more are expected before the year ends.
Deputy Minister for Trade, Herbert Krapa said strategic investments are key to gaining firm grounds for the economy hence the Trade Ministry also serves as a link between potential investors and GIPC.
Other speakers called for the need to take advantage of the African Continental Free Trade Area to maximise the country's economic fortune.
Freeman Koryekpor Awlesu Greater Accra Regional Correspondent
