Ghana needs to diversify investment interests – GIPC CEO

Mrs Mawuena Adzo Trebarh, Chief Executive Officer of the Ghana Investments Promotion Centre (GIPC), has expressed the need for Ghana to diversify her investment interests.

She said there was the need for a mix of both domestic and foreign investment to propel investment growth into development, adding: “We are putting a lot more in place to receive quality investment.”

Mrs Trebah, who was on the entourage of Vice President Kwesi Amissah-Arthur to the World Economic Forum (WEF) on Africa 2013, in Cape Town, South Africa was sharing thoughts with journalists at the end of the Forum at the weekend.

She observed that a number of foreign investors are looking to Africa for the first time, and added that the Centre is positioning Ghana for investors to test the opportunities to be offered and to translate them into tangible beneficial results.

She spoke of a number of investment opportunities in agribusiness, infrastructure, hospitality, tourism, in addition to the newly discovered oil and gas in a secured environment, political stability, the right investment legislation, and a building up of the financial markets.

Mrs Trebah said the GIPS was seeking to increase the capacity of the domestic business investor, and stressed the need for strategic view of investment.

She expressed joy for the commendation Ghana received at the Forum for creating an investment climate that brought mutual returns for the both the investor and the nation,

Mrs Trebah said the WEF provided an opportunity to put Ghana on the world stage and articulate the nation’s key strategies for investment.

She explained that a number of investors, some unsolicited, took advantage of the presence of the Vice President and held investment meetings with him.

“We had the opportunity to rise on the crest of the wave. There was a lot of discourse on public private partnership,” Mrs Trebah said.

Source: GNA