19 February 2010

Ghana: GIPC Screens Projects for International Promotion

Over 120 marketable investment projects are being screened by the Ghana Investment Promotions Centre (GIPC) to be promoted at international investment marketing platforms.

The call for projects started in November last year and ends at the end of this month.

Project owners are in agribusiness, tourism, ICT, wood processing, finance, petroleum and mining services as well as manufacturing and construction.

The investment promotions strategy is under the Switzerland's Investment Promotion in Sub-Saharan Africa (IPSSA) initiative.

Project Manager, Felix Quansar, says selected projects would be packaged and presented at road shows in Switzerland, Italy and Turkey. He says the road shows would assist local businesses to identify international business partners and negotiate agreements.

The GIPC would also hold the Ghana Investment Forum 2010 in June for investors and projects owners to meet and negotiate.

Mr. Quansar has been meeting with members of the Kumasi Chamber of Commerce and Industry as part of engagements to select 60 private sector projects. An additional 20 projects would be sourced from the public sector.

Mr. Quansar tells Luv Fm there are still opportunities for the private sector to apply.

Meanwhile, the Kumasi Chamber has reviewed activities in the past year, and reported a drop in average new membership figure for 2009.

Regional Chairman, Dr. Ebenezer Osei-Kofi, attributes the drop to challenges in office accommodation, stating a vigorous marketing drive would be embarked upon to add on more members.

The Chamber would be electing new regional executives on March 17.

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