Audio By Carbonatix
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
-
Missing records of illegal gold purchases in Ghana raise concern – Duncan-Williams
13 minutes -
Duncan-Williams warns of powerful interests targeting GoldBod
44 minutes -
We need to pray for GoldBod – Duncan-Williams
1 hour -
Strong favourites or tougher task – will Arsenal defend their title?
2 hours -
Passengers escape death as VIP travelling from Kumasi to Sunyani catches fire
2 hours -
Ariana Grande leaves problems at home as her tour hits the UK
2 hours -
Multiple suspects at large after five shot at Virginia State University, police say
2 hours -
Three killed as Russia launches fresh aerial attacks across Ukraine
2 hours -
Boxing: John Laryea disqualified in WBA Featherweight title eliminator
2 hours -
Hawaii battles strong winds and rain as Hurricane Lala threat looms
3 hours -
Twelve killed as Polish bus veers off Hungarian motorway
3 hours -
Building Ghana better: Why architects must be at the heart of national development
6 hours -
GMet warns of severe rainstorm across northern Ghana
7 hours -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
7 hours -
Health Ministry reviews NDC manifesto commitments
8 hours