Spark Up 2021: Ghana Holds Its First Investment Maximization Event

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Ghana Investment Promotion Center (GIPC) organizes Spark Up 2021 event-themed Maximizing Ghana Investment potential Reawakening the Giant to analyse the current growth level and to pave way for the country by engaging all investments to convert the economy into a productive and value-added economy.

This event organized under the auspices of the office of the president witnessed various cabinet members from the office and ministries from the various sectors of the country.

The minister of Information Honorable Kojo Oppong Nkrumah said the country has put together investors for this purpose of which some are already in operation currently. However, he explained that the speed at which these investors can work best is when the public institutions and stakeholders responsible for this Foreign Direct Investments (FDI) pay particular attention to the services that they offer the investors.

CEO of GIPC Yofi Grant said the purpose of the Spark UP 2021 event was to show what the GIPC has done so far, to find the way forward, and to embrace and engage all to bring fruit to Ghana’s centrality and Africa’s desire, to move away from importation and to covert the economies into productivity and value-added.

Another cabinet member being the Deputy Minister for Trade and Industry, Herbert Krapa also outlined the role his industry will play towards this investment. He explained, the Ministry of Trade and Industry has established the National AFCFTA office in Accra for implementation of the said action to increase investments into the country.

The Deputy Financial Minister said the ministry will improve macroeconomic stability, revenue collection through digitalization and other initiatives, and allocate resources to the growth sectors of the economy to ensure the prosperity of the economy.

The President of The Republic of Ghana, His Excellency Nana Addo Dankwa Akufo-Addo explained that the Obaatanpa Ghana Cares program will inject substantial investment into most sectors and will be funded by both the state and private entities.

Our target being a 5% GDP growth rate which will enhance the prospects of a win-win environment for both the private sector and country, create an environment where companies do not just survive but actually thrive, he said.

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