This is revenue from 39 new projects through Foreign Direct Investment which are estimated to create 2000 new employments. This was one more than the 38 projects undertaken in the same period of 2015.

READ MORE: Foreign direct investment dips, according to GIPC

The rest of the 9 were joint ventures between Ghanaians and foreigners at a value of $85.88 million  accounting for 34.42% of  the total revenue.

Greater Accra received the highest of the 10 regions, Ashanti region followed with five, Brong Ahafo and Eastern regions received one each.

Manufacturing, construction, general trading, services, tourism and cooperation were the sectors in which projects were undertaken.