New GIPC CEO outlines vision for investment growth
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The newly appointed Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, has met with management and staff to introduce himself and share his vision for driving investment growth in Ghana.
During the meeting, which was attended by his predecessor, Mr. Yofi Grant, Mr. Madjie commended the GIPC team for their efforts in enhancing the country’s investment climate.
However, he emphasized that more work remains to be done to attract Foreign Direct Investment (FDI) and position Ghana as a prime destination for investors.
Mr. Madjie’s vision includes strengthening collaboration with key ministries and government agencies to create a more coordinated approach to investment promotion.
He aims to streamline processes, align national development priorities with investor interests, and drive sustainable economic growth.
Additionally, he announced plans to map investment opportunities in every district across Ghana to better market them to investors.
To facilitate this initiative, regional directors will be appointed in all 16 regions to oversee local investment promotion.
“It is very important that in our investment promotion efforts, we speak about the country’s opportunities with specific data, not generic assertions,” he stated.
As part of efforts to leverage the African Continental Free Trade Area (AfCFTA), Mr. Madjie revealed plans to establish an ‘AfCFTA Desk’ at GIPC to coordinate Ghana’s investment strategies within the regional trade framework.
He also pledged to continue and finalize the review of the GIPC Act, a process initiated under the previous leadership, to improve investment policies and regulatory frameworks.
In alignment with the government’s 24-hour economy policy, Mr. Madjie announced plans to realign GIPC’s activities to maximize investment potential.
He also stressed the importance of building staff capacity, ensuring that the GIPC team is equipped with the necessary skills to drive the Centre’s strategic goals.
“I intend to build the capacity of the GIPC team to ensure we all have the required skill set for the future we want to create.
It is crucial that we work collaboratively—both internally as a team and externally with partners—to move the country forward,” he said.
Mr. Yofi Grant, the outgoing CEO, formally handed over to Mr. Madjie during the meeting, expressing gratitude to the staff for their support during his tenure.
He urged them to extend the same support to Mr. Madjie to ensure the Centre achieves its objectives under the new leadership.
Mr. Madjie concluded his address by calling on all stakeholders to support the drive to promote Ghana as a top investment destination, declaring:“Ghana is Open for Business.”
His appointment was made by President John Dramani Mahama, replacing Dr. Bernice Makafui, who has been reassigned as a Presidential Staffer at the Presidency.
Source: Classfmonline.com/Cecil Mensah
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