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Business News of Thursday, 4 May 2017

Source: Famous Kwesi Atitsogbe

GIPC touts Ghana's goodwill at World Bank/IMF spring meetings

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Chief Executive Officer of the Ghana Investment Promotion Center (GIPC), Yofi Grant has lauded Ghana’s goodwill in the international community describing it as significant enough to appeal to a pool of potential investors.

Reginald Yofi Grant who is part of government’s delegation led by Vice President Dr. Mahamudu Bawumia to the World Bank was highly optimistic that Ghana will be an entry point for Africa considering the numerous investment decisions embarked on by the NPP administration.

“We are having good discussions with government official, investors and businesses here in DC. We have a good democratic credentials, so we are repositioning ourselves to become the entry point to Africa. We doing quite a number of right things including scraping of taxes the put more GHC1 billion back into the economic,” Mr. Grant said.

Mr. Grant was speaking exclusively to Famous Kwesi Atitsogbe after the World Bank and International Financial Corporation (IFC) spring meeting held in Washington DC, USA where he said that the team has spoken to the World Bank, investors and banks, who have in the pass dealt with Ghana.

“We are meeting different investors and they have all shown interest in the business friendly environment we are creating in Ghana,” Mr. Grant noted.

The team had earlier been to London on a similar mission where they met Ghana’s bond holders, potential investors, US government officials and other key stakeholders to share the government’s plan to address the country’s debt, attract new investment and create jobs.

Meanwhile the Ghana Investment Promotion Centre (GIPC) is setting up a database of investment opportunities and investible assets in the country which will be available to both investors and potential investors to enable them to make informed investment decisions in Ghana.

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