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Last Updated- Oct 22, 2009 10:32 - - 0 Comments
Ghana, Switzerland partner to attract foreign direct investments
Ghana is partnering with Switzerland to attract foreign direct investments into the country.
And towards attaining that goal, the Ghana Investment Promotion Centre (GIPC) has embarked on capacity building programme with the support of Switzerland.
The programme is being implemented through Switzerland’s Investment Promotion in Sub-Saharan Africa (IPSSA) initiative, and it is to enhance the capacity of the GIPC to induce concrete foreign direct investments into Ghana through the organization of matchmaking events in Switzerland and Ghana, the Embassy had said in a press release copied to ghanabusinessnews.com.
Apart from Ghana, the programme is also being implemented inMadagascar. The selection of these two countries was done after a team of consultants had visited some African countries to assess their preparedness for the programme.
In a Memorandum of Understanding (MoU) signed in August this year, Switzerland through the IPSSA initiative will assist GIPC to identify and build strong portfolio of investment projects for local and international promotion, the release said.
The GIPC, additionally will be required to conduct sensitization campaigns to encourage Ghanaian companies to come up with marketable investment projects. The initiative will provide the platform to market these investment projects internationally during Road shows in Switzerland in February and the Ghana Investment Forum 2010 scheduled for June 2010.
Commenting on the programme, Felix Quansar, IPSSA Project Manager, Ghana said, “The unique thing about the IPSSA initiative is that GIPC is supported to identify, package and market specific investment projects.”
The specific investment projects will be from several sectors with agribusiness being the priority sector.
This Swiss funded IPSSA initiative, according to the Embassy is linking with the UNIDO Regional Africa Programme (AfriPANet) which seeks to support GIPC and other investment promotion agencies in Africa to fulfil their investment promotion mandate, the release added.
By Emmanuel K. Dogbevi
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