Tuesday, 07 April

Ghana ready for increased foreign investment – GIPC CEO

Business
GIPC CEO welcoming the Singaporian delegation to his office

The Chief Executive Officer of the Ghana Investment Promotion Centre, Simon Madjie, has reaffirmed Ghana’s readiness to attract increased foreign investment, declaring that the country is open for business.

He made the remarks during a courtesy call by Singapore’s High Commissioner to Ghana, Hawazi Daipi.

Mr Madjie outlined a series of recent reforms aimed at improving the investment climate, including the removal of minimum capital requirements and the reduction of retail investment thresholds.

He noted that these measures are designed to make Ghana more competitive and accessible to foreign investors.

He further highlighted key investment opportunities in sectors such as agro-processing, smart agriculture, energy, and manufacturing, particularly under the government’s 24-hour economy programme, which seeks to drive productivity and economic growth.

The Singaporean delegation, in response, expressed strong interest in exploring opportunities within Ghana’s fintech, technology, and Artificial Intelligence sectors.

They also identified skills development as a critical area for potential collaboration.

 

The engagement signals growing interest from international partners in Ghana’s evolving investment landscape, as the country continues to position itself as a preferred destination for business and innovation in the region.

Source: Classfmonline.com/Cecil MENSAH