{"id":40575,"date":"2023-04-22T20:15:48","date_gmt":"2023-04-22T20:15:48","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=40575"},"modified":"2023-04-23T09:56:36","modified_gmt":"2023-04-23T09:56:36","slug":"support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas","title":{"rendered":"Support investor companies to promote growth, jobs \u2013 GIPC urges MDAs"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>The Ghana Investment Promotion Centre (GIPC) has urged Ministries, Departments and Agencies (MDAs) to support domestic and foreign investors to create jobs and promote socio-economic growth.<\/b><\/p>\n

Mr Edward Ashong-Lartey, Director, GIPC, said the MDAs had a responsibility to provide the needed services and facilitations for businesses to make Ghana Africa\u2019s foremost investment destination.<\/p>\n

\u201cWe urge MDAs to provide the necessary support to incumbents, the companies that risk their capital to come to Ghana to build industries,\u201d he said.<\/p>\n

Mr Ashong-Lartey said this at an investor forum for MDAs, investors and other key stakeholders on the theme: \u201cThe Contribution of MDAs towards making Ghana an Attractive Investment Location.\u201d<\/p>\n

The Forum was to deepen the collaborative efforts made over the years and deal with the bureaucratic bottlenecks that stalled activities and progress of businesses.<\/p>\n

He said GIPC\u2019s Aftercare division aimed at strengthening its relationship with the private sector and MDAs to demonstrate the positive impact of Foreign Direct Investment (FDI) on Ghana\u2019s economy.<\/p>\n

\u201cThis can only be achieved with the support of our focal persons across various ministries, departments, and agencies. We will introduce reforms to streamline licensing, regulatory clearances, and advocate against anti-competitive policies across government,\u201d Mr Ashong-Lartey said.<\/p>\n

GIPC\u2019s objectives had been anchored on the Government\u2019s flagship initiative, Obaatan Pa (\u201cGhana CARES\u201d) programme, which has an investment target of between US$ 3-4 billion annually from 2022 to 2025.<\/p>\n

Mr Wisdom Abodakpi, Chief Country Officer, CycleFarms, whose investments are in the area of fishfeed, said there was an investor communication gap between investors and ministries, departments and agencies on processes, documentations and other engagements.<\/p>\n

\u201cWe sometimes feel we are alone, information accessibility is very difficult. It is tough for us in the agribusiness when it comes to tax exemptions. We need to continue working to close the gaps,\u201d he said.<\/p>\n

Mr Andrea Ghia, Member of the European Chamber of Commerce, said though Ghana\u2019s digitisation drive had upscaled business, comprehensive data on sectors of businesses was difficult to come by, a bane that could discourage foreign investors.<\/p>\n

\u201cThe collection of data is still a big issue in this country. This is a common problem for West Africa. I tell my people to come and stay for six months to understand how to do their business, \u201d he said.<\/p>\n

Mr Ghia also said: \u201cYou do your business plan, you think you will be exempted from duty on import then they remove the exemption and your business plan doesn\u2019t work. What makes the environment friendly for them is to have stability.\u201d<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. The Ghana Investment Promotion Centre (GIPC) has urged Ministries, Departments and Agencies (MDAs) to support domestic and foreign investors to create jobs and promote socio-economic growth. Mr Edward Ashong-Lartey, Director, GIPC, said the MDAs had a responsibility to provide the needed services and facilitations for businesses to make Ghana Africa\u2019s foremost investment […]<\/p>\n","protected":false},"author":84,"featured_media":40574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-40575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nSupport investor companies to promote growth, jobs \u2013 GIPC urges MDAs - Ghana<\/title>\n<meta name=\"description\" content=\"The Ghana Investment Promotion Centre (GIPC) has urged Ministries, Departments and Agencies (MDAs) to support domesti ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Support investor companies to promote growth, jobs \u2013 GIPC urges MDAs\" \/>\n<meta property=\"og:description\" content=\"The Ghana Investment Promotion Centre (GIPC) has urged Ministries, Departments and Agencies (MDAs) to support domesti ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-22T20:15:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-23T09:56:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/04\/postQueueImg_1682175372.76.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"687\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Support investor companies to promote growth, jobs \u2013 GIPC urges MDAs\",\"datePublished\":\"2023-04-22T20:15:48+00:00\",\"dateModified\":\"2023-04-23T09:56:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas\"},\"wordCount\":443,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/04\/postQueueImg_1682175372.76.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/support-investor-companies-to-promote-growth-jobs-gipc-urges-mdas\",\"name\":\"Support investor companies to promote growth, jobs \u2013 GIPC urges MDAs - 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