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Ghana ends investment promotion in USA
GIPC has ended a 10-day US investment promotion aimed at attracting investments abroad
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The 35-member delegation, led by the Chief Executive Officer of GIPC, Yoofi Grant hosted a Doing Business in Ghana session themed: “Ghana, Open for Business, Opportunities and Partnerships” on 15th June to showcase specific investment potentials to high-level business leaders and financiers.
A diaspora seminar was also hosted by the Centre in collaboration with the Ghana Embassy in Washington with the purpose of creating awareness of efforts being made by the government to improve the Ghanaian business environment as well as showcase existing investment potentials.
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Another business session focused on Ghana was held in Philadelphia in collaboration with the US Department of Commerce and Chamber of Commerce in Philadelphia. The exclusive session focused on B2Bs and building partnerships with top business executives operating in Philadelphia.
The GIPC-organised Investment Promotion Mission to USA had the objective to showcase specific investment potentials in Ghana and support local private sector players in their search for international business partners and deepen growing levels of trade and investment between Ghana and USA.
The USA has, between September 1994 and March 2017, registered a total of 345 projects valued at over $4.5 billion in Ghana. The major sectors of interest of these companies registered with the GIPC are services, manufacturing, and tourism.
GIPC stakeholder events and missions are part of the Centre's strategy to showcase the Ghanaian private sector and introduce them to various local and international business platforms.
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In a related development, prior to his departure to the US, Mr Grant met with key members of the Ghana Union of Traders Association (GUTA) as part of the Centre's effort to gather feedback from its key stakeholders on aspects of the GIPC Act 2013 (Act 865) currently being considered for review.
The meeting, held in a co-operative atmosphere, had the two parties engaged in fruitful deliberations on issues that boarded on incentives and support for local businesses.
Mr Grant reiterated President Nana Akufo-Addo’s words of a government-focused on a Ghana built by Ghanaians for Ghanaians, with mutually beneficial partnerships.
He also stated that Ghanaian enterprise must be supported to truly take the commanding heights of the economy, with a bigger focus on value addition and production for Ghana to become the business hub of West Africa.
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