Audio By Carbonatix
Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has assured foreign investors of a secure and non-discriminatory investment climate in Ghana.
According to him, Ghana’s legal and regulatory framework guaranteed protection against expropriation and discrimination, while allowing the free transfer of capital, dividends and profits.
Mr. Madjie gave the assurance in Accra at a meeting with a business delegation led by Japan’s State Minister for Foreign Affairs, Kunimitsu Ayano.
He said foreign investors were treated the same as local investors, subject only to local content requirements aimed at enhancing participation and value addition.
He noted that Ghana’s stable democratic system, predictable governance structures and independent institutions continued to inspire investor confidence.
The GIPC CEO highlighted Ghana’s hosting of the African Continental Free Trade Area (AfCFTA) Secretariat, which provides access to a continental market of about 1.4 billion people, in addition to the Economic Community of West African States (ECOWAS) market of over 400 million people.
He added that Ghana had signed several bilateral and multilateral agreements, including conventions on dispute resolution and arbitration, enabling investors to enforce awards locally.
“Ghana’s Constitution explicitly encourages and protects foreign direct investment,” Mr Madjie said
Latest Stories
-
Mahama launches $300m World Bank-funded secondary school improvement programme
4 minutes -
Nato chief welcomes US sending 5,000 troops to Poland
7 minutes -
NIA pushes mandatory biometric verification as digital identity reforms expand
12 minutes -
Dress properly for visa interviews; it can influence approval – Ghana’s Ambassador to US urges
20 minutes -
Mahama unveils plans for second phase of ‘Big Push’ road programme for 2027
22 minutes -
President Mahama assures Savannah Region of imminent electrification works
24 minutes -
National Service Authority open to strategic partnerships – Ruth Dela Seddoh
26 minutes -
Mahama pledges to end double-track system by 2027 through expansion of technical and vocational education
28 minutes -
Delta Air Lines marks 20 years in Ghana, poised to offer travel options amid World Cup travel boom
32 minutes -
Turkish opposition fights court ousting of leaders in ruling boosting Erdoğan
36 minutes -
Australian man dies after falling down ravine on hike to Machu Picchu
37 minutes -
Ghanaian pilgrim dies during Tawaf ritual in Mecca
38 minutes -
Stakeholder dialogue in Tamale push for expanded agroforestry to tackle climate change and land degradation
40 minutes -
She refused to increase her sachet water price – and it changed her life forever
47 minutes -
Damang Mine concession should not be politicised — Mahama Ayariga
48 minutes