Mr. Akwasi Opong-Fosu, Board Chairman of the Ghana linvestment Promotion Centre (GIPC) has pledged a streamlined, investor-friendly regulatory environment to enhance returns for both domestic and foreign investors in Ghana.
Speaking after the inauguration of the new 10-member board, Mr Opong-Fosu told the Ghana News Agency that GIPC will eliminate bureaucratic bottlenecks, promote sustainable business growth, and serve as a key facilitator of economic development.
"We are going to ensure that investors are not unduly restrained by certain obstacles. Rather, our laws and investment climate will be more flexible to the various priority areas that they would like to invest in," he stated.
He affirmed the Board's commitment to bridging gaps between government, the Centre's management, and investors to address concerns and stimulate profitable investment.
The GIPC facilitates investments across all sectors except mining and petroleum, overseen by the Ghana Chamber of Mines and Ghana National Petroleum Corporation respectively.
A 24-hour premium service has already been launched to expedite investor integration into Ghana's business ecosystem.
Mrs Elizabeth Ofosu-Adjare, Minister for Trade, Industry and Agribusiness, lauded the board's diverse expertise and notable female representation.
She reaffirmed government's commitment to strengthening the GIPC Act to support economic transformation and job creation.
The Centre is currently prioritising investment in agro-processing, manufacturing, real estate, pharmaceuticals, and tourism.
Board members include Samson Ahi, Deputy Trade Minister; Thomas Ampem Nyarko, Deputy Finance Minister; Simon Madjie, Acting Chief Executive Officer of GIPC; Dr Zakaria Mumuni; and Dr Audrey Smock Amoah.
Other members are John Awuah, CEO, Ghana Association of Banks; Dr Reuben Owusu Gyamfi; Major Christine Naa Adoley Oko (Retired); and Mercy Afrowa Needjan.