In order to meet stakeholders and discuss strategies for luring in both domestic and foreign investors to spur regional development, a team from the Ghana Investment Promotion Centre (GIPC) has started a sensitization tour at Techiman in the Bono East Region.
Tour Promotes Local Investments and Empowers SMEs Across Multiple Ghanaian Regions”
A tour themed “Grow in Ghana, grow with Ghana” is set to traverse the Bono East, Bono, Ahafo, Volta, Oti, Eastern, and Greater Accra Regions. The tour’s primary objectives are to raise awareness about the functions of the Ghana Investment Promotion Centre (GIPC), bolster local investments, and aid Small and Medium Enterprises (SMEs) in scaling up to attract investments.
During this tour, the team will engage with processors, local investors, and small-scale enterprises. They will also hold discussions with the Metropolitan, Municipal, and District Assemblies (MMDAs) and traditional authorities to emphasize the importance of making land available for investment purposes. Additionally, they will visit businesses with investment potential to educate them on creating opportunities to attract both local and foreign investors in the sector.
Dr. George Asafo-Adjei, the Director for Monitoring and Evaluation at GIPC, noted that the World Bank supports this tour under the Ghana Economic Transformation Project (GETP) in the second phase of its annual Regional Sensitization.
The team has already collaborated with Regional Ministers, Regional Coordinating Directors, and staff of the Regional Coordinating Council (RCC), as well as representatives from various government organizations and authorities related to business development.
Over 1000 participants from both the public and private sectors, including members of organizations like the Association of Ghana Industries (AGI), Ghana National Chamber of Commerce and Industry (GNCCI), and the Association of Small-Scale Industries (ASSI), are expected to participate in the regional business forums and clinics. These events will focus on specific initiatives under the African Continental Free Trade Agreement (AfCFTA) and guide participants on accessing finance for their projects.
Mr. Kwasi Adu-Gyan, the Bono East Regional Minister, encouraged the MMDAs to identify development projects suitable for marketing by the GIPC, thereby enhancing the overall development of their respective districts and regions.
One participant, Madam Ellen Okain Feuku, a processor, expressed her appreciation for the enlightening forum and indicated her intention to utilize the knowledge gained to attract investors to her area.