The regional investment promotion agencies according to the center should help in investment attraction especially as government undertakes the “One-District, One-Factory” project.
Countries like South Africa have such agencies in place and it appears to be yielding results. Chief Executive of the GIPC, Yoofi Grant tells Joy Business, Ghana may adopt the model to boost its investment drive.
Mr. Yoofi Grant said, “GIPC currently has three offices nationwide, that’s woefully inadequate. So we do not exploit our own opportunities extensively. But if you look at the one district, one factory policy for example because of that, I think it is important to have regional IPAs because they are best to know what is there, they can capture it best and package it best for investors.”
He added, “So take Ashanti region for example – great possibilities, take Volta region – great agriculture, great manufacturing, great water transport possibilities.”
He said the setting up these IPAs would promote investments in the various regions.
Latest Stories
-
Let’s prioritize research quality in higher education institutions for industrial growth-Prof. Nathaniel Boso
6 hours -
Herman Suede is set to release ‘How Dare You’ on April 24
10 hours -
Heal KATH: Kuapa Kokoo, Association of Garages donate 120k to support project
10 hours -
KNUST signs MOU with Valco Trust Fund, Bekwai Municipal Hospital to build student hostel
10 hours -
The influence Ronaldo has on people, Cadman Yamoah will have same on the next generation – Coach Goodwin
11 hours -
Gender Advocate Emelia Naa Ayeley Aryee Wins prestigious Merck Foundation Awards
12 hours -
South Africa bursary scandal suspects granted bail
12 hours -
Ecobank successfully repays $500m Eurobond due April 18
12 hours -
Re: Doe Adjaho, Torgbui Samlafo IV, call for Unity among Paramountcies in Anlo
12 hours -
Extortion and kidnap – a deadly journey across Mexico into the US
12 hours -
Rihanna says fashion has helped her personal ‘rediscovery’ after having children
12 hours -
Development Bank Ghana targets GH¢1bn funding for commercial banks in 2024
13 hours -
Shatta Movement apologises to Ghana Society of the Physically Disabled after backlash
13 hours -
Sammy Gyamfi writes: Tema-Mpakadan Railway Project; A railway line to nowhere
14 hours -
Bright Simons: Is the World Bank saving or harming Ghana?
14 hours