GIPC: Ghana records investment inflows of over $5.63bn

According to the report, Total Foreign Direct Investments (FDI) into Ghana includes FDI investments registered at the Free Zones Board ($241.52 million), the Minerals Commission ($513.13 million) and the Petroleum Commission ($358.41 million).

According to the Ghana Investment Promotion Centre (GIPC), the first three quarters of 2017 recorded a total investment of 5.63 billion with an FDI component of $4.37 billion.

Having already directly booked $3.37 billion of our $5 billion targets for the year of registered domestic and foreign investments for 2017, the investment authority has closed the third quarter of the fiscal year ending 31st December 2017.

READ ALSO: Ghana loses GHc1.5bn annually from tax exemption - GIPC

This information was published in a new record released by the GIPC.

The report says total Foreign Direct Investments (FDI) into Ghana includes FDI investments registered at the Free Zones Board ($241.52 million), the Minerals Commission ($513.13 million) and the Petroleum Commission ($358.41 million).

CEO of the Centre Yoofi Grant says his outfit is putting measures in place to exceed targeted FDI of $5 billion for the year.

“The GIPC continues to be a central pivot of government in facilitating foreign direct and domestic investments to support the development of our economy,” he added.

 

According to the report, Total Foreign Direct Investments (FDI) into Ghana includes FDI investments registered at the Free Zones Board ($241.52 million), the Minerals Commission ($513.13 million) and the Petroleum Commission ($358.41 million). Read Full Story