GIPC Boss: More Room For Partnership Between Local Entrepreneurs And Foreign Investors

The Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), Mrs Mawuena Trebarh, is confident local businesses will in the months ahead see a major boost as foreign investors move in droves to make huge investments in various sectors of the economy.

According to her, the Centre has made several interventions to attract investors into the country, and believes through interactions with the investors, the economy will soon see the influx of foreign business tycoons making investments in the country’s domestic business sectors, particularly the energy and the oil and gas sectors.

Mrs. Trebarh, who recently embarked on a strategic investment tour of the USA and some European countries, highlighted in an interview with some efforts the Centre is making to boost the local business environment.

“What we are doing from an investing promotion perspective [as I said] is to look at ways we can ensure that we are showcasing the strength of business and entrepreneurs that are Ghanaian and driving partnerships that will result in joint venture relationships as opposed to a lot more of just foreign investment.”

“I’m very confident of again the opportunity to collaborate with the domestic business community when these individuals do come into the country.” she said.

She also expressed confidence in President John Mahama who she believed is working assiduously and progressively towards resolving the energy problems confronting the nation.

“I was just pleased to see that they recognized Ghana as the right place to make significant investments in power and I’m very confident that his Excellency, the President and the team of advisors who are reviewing all these considerations will inevitably come back with something that protects our interest as a nation in the long term.”

She was optimistic the partnership between the local entrepreneurs and the foreign investors would enhance productivity adding that the investors “do require some responses in practical terms in respect of gas allocation. I think that the forthrightness of government under the guidance and direct leadership of his Excellency in relation to the power issues are meant to make sure that the country makes an informed decision.”