Takoradi: Mr. Simon Madjie, the Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has announced the organization’s plans to position the Western Region as a significant investment hub within Ghana. The initiative aims to leverage the region’s potential, particularly in commercial agriculture, to attract both international and local investors.
According to Ghana News Agency, Mr. Madjie shared these insights during an interview after presenting a Mitsubishi pick-up to enhance the operations of the GIPC’s Takoradi office, which oversees the Western, Central, and Western North Regions. The vehicle donation aligns with the Ghana Economic Transformation project, a World Bank initiative to strengthen investment agencies.
The GIPC is collaborating with the Minister of Trade and the Ghana Export Promotion Authority to organize a regional investment forum. This event aims to promote Ghana’s investment potential and identify opportunities within the Western Region and its districts. Mr. Madjie emphasized the importance of creating an investment page for regional ministers, facilitating easier marketing of their regions’ unique opportunities.
The CEO highlighted the strategic location of the Takoradi office and its role in engaging investors and mapping out opportunities. The goal is to ensure that the regions are open for business and that investment processes are streamlined to encourage investments in Ghana. The GIPC has already secured $100 million in investment, and efforts are underway to achieve the target of $200 million in non-oil investments.
Mr. Madjie expressed optimism about the Western Region’s potential, given its vast landmass, agricultural districts, and natural resources, including gold, cocoa, and emerging minerals. He emphasized the need to drive investments in the manufacturing sector, agriculture, and agro-processing, aligning with the Ministry of Trade’s focus on agribusiness and industry.
In conclusion, Mr. Madjie called for a change in professional attitudes towards time and work delivery, underscoring the GIPC’s commitment to attracting critical investments and providing superior customer service to investors.