Ghana_Investment_Promotion_Centre

Ghana Investment Promotion Centre

Ghana Investment Promotion Centre

Ghanaian institution

The Ghana Investment Promotion Centre commonly known as (GIPC) is the Government of Ghana agency established to encourage, promote and facilitate investments in all sectors of the economy of Ghana[1] except mining and petroleum which are handled by the Ghana Chamber of Mines[2] and the Ghana National Petroleum Corporation.[3]

Operations

The Centre seeks to boost and increase investment to develop the economy of Ghana.[4] Established by the Ghana Investment Promotion Centre Act, 2013 (Act 865), GIPC plays a crucial role in attracting both local and foreign investments to foster economic growth and development.

The Centre aims to foster activities that would make Ghana accessible for global transactions. The centre has Four areas in which it operates, namely Investment Promotion, Investment Facilitation, Investment Advocacy and Aftercare Services and the focused sectors are Agriculture and Agro Processing, Oil and Gas, Health, ICT and Fintech, Manufacturing, Mining and Mineral Processing, Property Development, Recreation and Tourism, Energy, Education, Financial Services and Transport.[5]

Management

The Ghana Investment Promotion Centre serves as a critical agency in Ghana's efforts to attract investments, stimulate economic growth, and create employment opportunities. Its management board plays a significant role in shaping the policies and strategies that drive investment promotion and facilitation in the country.

Mr. Alex Apau Dadey is the board chairman and Mr. Reginald Yofi Grant is chief executive officer.[6]

Awards and recognition

GIPC has won several awards including the following:

  • Excellent Award in Investment Promotion in 2018 at the Meet the farmers conference
  • Best Investment Promotion Agency in West and Central Africa in 2017, 2018, 2019, 2020, 2022 at the annual Investment meeting awards.
  • Best Investment Promotion Agency in Africa 2017, 2018, and 2021 by Capital Finance International
  • Best Investment Promotion Agency in Africa 2022 by CFL.CO Awards
  • Best FDI Destination in Africa in 2022 by International investor awards[7]

See also

References

  1. [1]
    "Ghana Investment Promotion Centre – GIPC". Retrieved 2022-08-31.
  2. [2]
    "The Ghana Chamber of Mines". ghanachamberofmines.org. Retrieved 2022-08-31.
  3. [3]
    "Ghana National Petroleum Corporation". www.gnpcghana.com. Retrieved 2022-08-31.
  4. [4]
    "About GIPC". GIPC. Retrieved 2023-09-06.
  5. [5]
    "About GIPC". GIPC. Retrieved 2023-09-06.
  6. [6]
    "Board Members". GIPC. Retrieved 2023-09-06.
  7. [7]
    "About GIPC". GIPC. Retrieved 2023-09-06.


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