The country’s potential to draw a large amount of the required Foreign Direct Investment is not in doubt, because the country’s democratic credentials, its free press atmosphere and the new found resource oil, makes Ghana a good place to invest.
For in stance in the second quarter of 2010, the total value of new investments in country amounted to $662 million. These were derived from 105 new projects, the Ghana Investment Promotion Centre (GIPC) has said last week.
According to the Centre, the new investments have brought in altogether an amount of $850 million in 213 projects.
It is believed however that the country could attract twice this amount if its positioning strategy is reorganized, repackaged and branded for the relevant market.
Some efforts in marketing and raising the country’s investment potential and opportunities to investors around the globe are being done.
One of such efforts by the GIPC is the organising of the Investment in Ghana 2010 Seminar next month in the capital Accra
Scheduled fro September 14 to 15, 2010, the GIPC hopes to bring together local and foreign investors to forge business partnerships.
The event will discuss investment potentials in agriculture and agribusiness; energy, oil and gas; tourism; infrastructure; the financial services; and the ICT industry.
By Emmanuel K. Dogbevi