Ghana Investment Promotion Centre screens investment projects for international promotion

Over 120 marketable investment projects are being screened by the Ghana Investment Promotion Centre (GIPC) to be promoted on international investment marketing platforms.

The call for projects started in November 2009 and ends at the end of this month. The projects include agribusiness, tourism, ICT, wood processing, finance, petroleum and mining services as well as manufacturing and construction.

The investment promotions strategy is under the Switzerland’s Investment Promotion in Sub-Saharan Africa (IPSSA) initiative.

The Project Manager, Felix Quansah, said selected projects would be packaged and presented at road shows in Switzerland, Italy and Turkey. He said the road shows would assist local businesses to identify international business partners and negotiate agreements.

The GIPC would also hold the Ghana Investment Forum 2010 in June for investors and project owners to meet and negotiate.

Mr. Quansah has been meeting with members of the Kumasi Chamber of Commerce and Industry as part of engagements to select 60 private sector projects. An additional 20 projects would be sourced from the public sector.

Mr. Quansah told Luv FM there are still opportunities for the private sector to apply.

Meanwhile, the Kumasi Chamber has reviewed activities in the past year, and reported a drop in average new membership figures for 2009.

The Regional Chairman, Dr. Ebenezer Osei-Kofi, attributes the drop to challenges in office accommodation, stating a vigorous marketing drive would be embarked upon for a membership drive.

by Kofi Adu Domfeh