GIPC poised to make W/R investment hub – Mr Madjie

 The Ghana Investment Promotion Centre (GIPC) is poised to position the Western Region as one of Gha­na’s veritable investment hub, the Chief Executive Officer, GIPC, Mr Simon Madjie, has indicated.

“The Western Region has the potential to become the com­mercial agricultural hub for this country. We at GIPC, are working with the Minister of Trade, the Ghana Export Promotion Author­ity (GEPA) and others to really position this region as a favourable place for investment, be it interna­tional or local,” he added.

Mr Madjie made the commit­ment on Monday in an interview with journalists after he handed over a Mistubishi pick- up to strengthen work at the GIPC’s Takoradi office, which serves the Western, Central and Western North regions.

Already, he said, the GIPC team had met the Western Regional Minister, Joseph Nelson, to con­sider holding a regional investment forum, as part of plans to market investment potential of Ghana and also to map out opportunities within the region and the districts.

The idea, Mr Madjie explained, was to make it easier to sell the region and its districts to investors.

“We also want to come up with a plan to actually develop an investment page for the Regional Ministers and all other regional ministers, working with the Min­ister of Trade, Agribusiness and Industry and our sister agencies, to make easier for the regional ministers to market their regions and the unique opportunities that they have,” he stressed.

The GIPC CEO said the Takoradi office which served the Central, Western and Western North regions had a unique posi­tion and that, the vehicle would be a vital tool for work, as part of the Ghana Economic Transfor­mation (GET) project, a World Bank project to retool some of the investment agencies.

The project, Mr Madjie said would also serve as a one-step towards ensuring that the GIPC was closer to its clients and to the region, and also to ensure that the “regions are indeed open for business, while we move around engaging investors and mapping out opportunities and working with the regional authorities.”

The GET project, he said, was also to help operationalise certain processes to encourage invest­ments into Ghana, and announced that, GIPC had been able to bring in-country about $100 million dollars of investment.

He continued “We look forward to working hard to fulfill the other component. This is just 50 per cent and we have been tasked to bring in about $200 million of investment, which is non -oil investment. So we look forward to completing the other 50 per cent. And I look forward to a greater GIPC in the Western Region, to make this region great again.”

 FROM CLEMENT ADZEI BOYE, TAKORADI

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