The High Street Journal

The High Street Journal reports that the Ghana Investment Promotion Centre (GIPC), last year, registered 187 projects estimated at 177 million dollars and which have the potential to create 12,240 new jobs for Ghanaians. The paper quotes a statement by Mr E.M. Gyasi, GIPC director in charge of research and development, as saying that last year, projects coming through the Centre, fetched 51.68 million dollars in foreign equity and 113.14 million dollars debt, bringing total foreign direct inflows through the Centre to 164.82 million dollars.

The statement says from September 1994, to December last year, GIPC-registered projects have brought in 997.04 million dollars foreign direct capital inflows made up of 344.32 million dollars equity and 652.7 million dolaars in foreign debt.