Ghana, Singapore sign pact on business collaboration

The Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with International Enterprises (IE) Singapore to build up collaboration and to promote Ghanaian businesses.

With the MoU, IE Singapore, would work closely with GIPC to encourage collaboration and promote meaningful business partnerships between Ghana and Singapore, said Mr Teo Eng Cheong, Chief Executive Officer (CEO) of IE Singapore on Tuesday.

He said the IE Singapore would focus on key growth sectors of Ghana’s economy in areas of logistics, oil and gas and manufacturing.

Under the MoU information would be shared about business opportunities in Ghana and the potential of Singapore companies that had the expertise and interest to participate in those opportunities.

IE Singapore would also support business missions through the promotion and facilitation of meetings between companies. It would also develop capacities among public servants, enhance and explore existing and new areas of capacity development and training programmes for Ghana’s civil service.

Mrs Mawuena Trebarh, CEO of GIPC, said Ghana recognized qualities and expertise of Singapore in encouraging private sector growth, infrastructural development, and was ready to partner with IE Singapore to encourage the expansion of Ghanaian businesses.

She said it was important for IE Singapore to also explore other exciting opportunities in the agricultural, energy, hospitality and the tourism sectors to help address challenges and to create more employment opportunities in those areas.

Source: GNA