President Akufo-Addo inaugurates GIPC Board

President Akufo-Addo inaugurates GIPC Board

President Akufo-Addo inaugurates GIPC Board

President Akufo-Addo inaugurates GIPC Board

President Nana Akufo-Addo Dankwa, has sworn in a 10-member Board for the Ghana Investment Promotion Centre (GIPC), at the Presidency.

The President described the work of the newly inaugurated Board, chaired by Alex Apau Dadey, as ‘crucial’, amid the country’s gradual recovery from the global pandemic.

He however expressed fervent optimism in the Board, to assist GIPC in undertaking measures that will enhance Ghana’s investment climate for both local and foreign enterprises.

“I am convinced that with the new board in place, GIPC will be better positioned to exhibit the myriad business prospects available not just to the rest of the globe, but also to indigenous local investors” he opined.

The Centre’s new Board chairman, and founder of KGL Group, Mr. Dadey assured of the Board members’ commitment to help improve the country’s investment portfolio, in support of the Ghana Beyond Aid agenda.

He said the Board’s short and medium-term plan, will be to facilitate FDI flows, of $3 billion in 2021, and $4 billion in subsequent years.

“Our short- and medium-term strategy, is to facilitate $3 billion in 2021 and $4 billion per year in 2022 and 2023 to support the Ghana CARES “Obaatan pa” Program.

GIPC Board

This is aimed at mitigating the impact of the COVID-19 pandemic, return the country to a sustained path of robust growth” Mr. Dadey remarked.

He added that, the 10-member Board will work at accelerating reforms to the GIPC law, and collaborate with the relevant agencies to facilitate ease of doing business in the country.

Other members of the Board include the Chief Executive Officer of the GIPC, Yofi Grant; First Deputy Governor of the Bank of Ghana, Dr Maxwell Opoku- Afari and Director-General of the National Development Planning Commission (NDPC), Dr Kodjo Esseim Mensah Abrampa.