The Ghana Investment Promotion Centre (GIPC), in collaboration with the Ministry of Information (MOI), on Tuesday, August 3, 2021, launched the annual investment summit dubbed ‘Spark Up’, at the Kempinski Hotel Gold Coast City.
Themed “Reawakening the Giant: Maximizing Ghana’s Investment Potential”, the Summit, which will take place on September 6, 2021, will engender open and honest discussions on improving the overall investment climate among investors and investment facilitators (State Agencies and Authorities).
The discourse has become even more urgent as Ghana gradually overcomes the global recession occasioned by the COVID-19 pandemic.
According to the World bank, countries all over the world, have resorted to both ad-hoc and long-term measures to strengthen their economies, and critical to this re-stabilization drive, is the move by countries to properly position themselves, to attract Foreign Direct Investment (FDI).
The ‘Spark Up’ investment summit, has therefore become crucial to augment government’s efforts in building synergies between foreign investors and the Ghanaian business community, while providing stakeholders with in-depth knowledge about conducting business in Ghana.
To this effect, the conference, will bring together major players from both the government and private sector, to advance talks on the country’s investment climate.
Echoing on the nation’s economic successes, the CEO of the GIPC, Yofi Grant noted that Ghana was better positioned to hone investments in the sub-region having been adjudged the best place for investments in West Africa over the past few years.
He added that the government recognizes the private sector as the engine of growth for the Ghanaian economy and as such, initiated projects that will enhance the country’s industrialization drive, sighting the flagship One District One Factory initiative and Industrial parks as real examples.
More efforts, he also noted were underway to buoy up local businesses. “We at the GIPC take our local businesses serious and as such encourage the Foreign investors to partner with local enterprises as they set up in Ghana’’ remarked the CEO.
Meanwhile, the Minister of Information, Kojo Oppong Nkrumah said the Summit will help mainstream conversations on the country’s FDI and ensure that investments coming into the country are fully onboarded.
“There’s a need to have a critical look at Ghana’s promising FDI figures, and create opportunities for the various stakeholders in the value chain to benefit”
The main event scheduled for September 6th, 2021, will feature a host of high-profile personalities, including; the President of the Republic of Ghana, H.E Nana Akufo-Addo Dankwa, the Finance Minister, Ken Ofori-Atta, Minister of Trade and Industry, Alan Kyerematen, Minister of Information, Kojo Oppong Nkrumah, and the CEO of the GIPC, Yofi Grant.