Audio By Carbonatix
The Ghana Investment Promotion Center is expecting more than a hundred thousand new jobs to be created from the investments that were registered between April and June this year.
The projects according to figures from the GIPC are being funded with a total of almost nine hundred million dollars that came into the country during the same period.
The second quarter possible job openings are 20 times the 457 recorded in the first quarter.
The GIPC’s quarterly investment report released Tuesday said of the projected job openings, nearly 90 thousand are expected to be reserved for Ghanaians.
Forty thousand of them should be available in the building and construction sector whilst the services sector takes up the remaining 50 thousand.
More than half of the projects that were registered, about 67 of them were purely foreign owned. But some Ghanaians are also into joint venture arrangements with foreigners in about 40 of the projects.
India for the first time had more projects even though those from Bermuda contributed more in terms of value with 300 million dollars.
GIPC boss, George Aboagye tells Joy Business this points to a growing interest in Ghana by investors in those countries.
“This represents companies interested in Ghana are registering the companies offshore.”
“We are getting new Indian interest expressed in investment Ghana and then Indian firms are expanding,” he added.
The Greater Accra region attracted the highest number of them followed by Brong Ahafo.
The report also found an increasing number of countries in the Carribean are venturing into the offshore financial services sector.
Source: Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Kpandai Assembly supplies maize to boarding schools ahead of lean season
15 minutes -
Ghanaian mining engineer Dr Linda Abangbila earns PhD in China after five-year AI research journey
16 minutes -
GES bans cars, money bouquets on school premises as Education Ministry halts SHS graduations nationwide
17 minutes -
Broadway star Iris Beaumier eyes collaboration with Ghana’s arts and culture sector
19 minutes -
“God Bless You”: The Currency of Gratitude Among Ghana’s Poor
2 hours -
Heal Komfo Anokye Project to respond to governance and accountability claims
2 hours -
Calls grow for NHIS to cover prescription glasses after over 500 miss free eye care in Bono Region
4 hours -
Nkwanta South: Death toll from Odomi attack now 4 as curfew takes effect
4 hours -
Impakers Creative Hub earns Trade Minister’s praise at Ghana–Italy Circular Economy Dialogue
4 hours -
Coderina EdTech donates STEM materials to support ICT, coding education in Ghana
4 hours -
Iran recloses Strait of Hormuz, citing Israeli strikes on Lebanon
4 hours -
Hackman Owusu-Agyeman backs St Augustine’s teachers’ housing project by APSU 2002 to mark 97th anniversry
4 hours -
GIPC CEO courts Canadian investors in Toronto
4 hours -
Harry and Meghan offered royal accommodation during UK visit
4 hours -
Ntim Fordjour demands answers over Australia drug seizure linked to Ghana
4 hours