{"id":1152284,"date":"2022-07-18T18:34:38","date_gmt":"2022-07-18T18:34:38","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/07\/18\/gipc-business-sensitisation-campaign-train-arrives-in-central-region\/"},"modified":"2022-07-18T18:34:38","modified_gmt":"2022-07-18T18:34:38","slug":"gipc-business-sensitisation-campaign-train-arrives-in-central-region","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/07\/18\/gipc-business-sensitisation-campaign-train-arrives-in-central-region\/","title":{"rendered":"GIPC Business sensitisation campaign train arrives in Central Region"},"content":{"rendered":"<p><\/p>\n<div style=\"font-size: 17px;\">\n                                                   Cape Coast, July 16, GNA \u2013 The Ghana Investment Promotion Centre (GIPC) has held a business investment forum in the Central Region to promote local indigenous businesses and drive investment to the region.<\/p>\n<div class=\"kMultiLine\">Participants including traditional authorities, businessmen and women and key staff of the various Metropolitan, Municipal, and District Assemblies (MMDAs) were enlightened on the role of GIPC and how to partner with them.<\/div>\n<div class=\"kMultiLine\">The forum was part of the Centre\u2019s nationwide campaign on the theme \u201cGrow in Ghana, Grow with Ghana,\u201d designed to meet the local content requirement of its mandate to promote businesses.<\/div>\n<div class=\"kMultiLine\">The event sensitised individuals and businesses to the untapped economic opportunities in the region and facilitated synergies among the various stakeholders in the wake of the Africa Continental Free Trade Area (AfCFTA) and in line with the region\u2019s transformation agenda.<\/div>\n<div class=\"kMultiLine\">The Centre opened a mini-business clinic to provide support for people with viable business ideas.<\/div>\n<div class=\"kMultiLine\">Dr George Asafo-Agyei, Head of Monitoring and Evaluation, GIPC identified agro-processing, manufacturing and tourism as key areas for investment and promotion in the region.<\/div>\n<div class=\"kMultiLine\">He said the region was endowed with lots of fruits that could be processed into various products to generate income and create jobs.<\/div>\n<div class=\"kMultiLine\">He, however, observed that the unavailability of lands and the issues of land litigation were major challenges stifling the economic growth of the region.<\/div>\n<div class=\"kMultiLine\">Dr Asafo-Agyei, therefore urged the traditional authorities and families to make lands available for investment and endeavour to take shares in such investments.<\/div>\n<div class=\"kMultiLine\">\u201cWhy can\u2019t we make land available for some of these activities? When these things continue, we are depriving our own people of the employment they are in dire need of,\u201d he stated.<\/div>\n<div class=\"kMultiLine\">Dr Asafo-Agyei said with the advent of AfCFTA, there was the need for the country to accelerate its industrialisation agenda or be found wanting when the policy was fully rolled out.<\/div>\n<div class=\"kMultiLine\">He said the Central Region had competitive advantage in many areas and could be the pillar if the right environment was created.<\/div>\n<div class=\"kMultiLine\">He further encouraged businesses to brace themselves for investment and partnerships because that was the trend for development.<\/div>\n<div class=\"kMultiLine\">Dr George Asafo-Agyei urged citizens to consume locally-made products to help stabilise the economy and generate wealth internally.<\/div>\n<div class=\"kMultiLine\">\u201cWe need to make sure our import substitution agenda is materialised. It is important we do it well and conscientise ourselves that the more we import, the more they become richer and the more our currency depreciates,\u201d he cautioned.<\/div>\n<div class=\"kMultiLine\">He said even though it was not compulsory for Ghanaian-owned companies to register with GIPC, it was critical for them to do so to benefit from all the crucial services provided.<\/div>\n<div class=\"kMultiLine\">He observed that only 154 projects in the region had been registered with GIPC since 1994 and only four in the last three years, saying they were inadequate.<\/div>\n<div class=\"kMultiLine\">\u201cIt is important to register with GIPC because we provide a lot of incentives. Government is ready to support you. You do not struggle for your documents,\u201d he revealed.<\/div>\n<div class=\"kMultiLine\">Mrs Justina Marigold Assan, the Central Regional Minister urged all MMDAs to fashion out investment and development plans and clearly articulate them for the growth of their local business enterprises.<\/div>\n<div class=\"kMultiLine\">\u201cThe local businessmen and women are important, given the fact that their activities generate wealth for the MMDAs, the region and the country as a whole,\u201d she stressed.<\/div>\n<div class=\"kMultiLine\">Touching on AfCFTA, she indicated that the policy created a major opportunity to help with the diversification of African exports, attract Foreign Direct Investment and accelerate growth as the world dealt with the effects of the COVID-19 pandemic.<\/div>\n<div class=\"kMultiLine\">She said company profiles and project catalogue that would be derived from the GIPC\u2019s business tour of the region would form the basis for meetings within the continent for \u201ca unifying and rewarding trade relationships as well as partnerships.\u201d<\/div>\n<div class=\"kMultiLine\">\u201cOne major output of this programme will be the Land Banks, District Investor Guides and Project Profiles. These are crucial tools to aid in the attraction of investments and make Ghana the preferred location for Foreign Direct Investments,\u201d she added.<\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cape Coast, July 16, GNA \u2013 The Ghana Investment Promotion Centre (GIPC) has held a business investment forum in the Central Region to promote local indigenous businesses and drive investment to the region. Participants including traditional authorities, businessmen and women and key staff of the various Metropolitan, Municipal, and District Assemblies (MMDAs) were enlightened on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[1001,2009,487,1616,5672,2114,7078,892],"class_list":["post-1152284","post","type-post","status-publish","format-standard","category-business","tag-arrives","tag-business","tag-campaign","tag-central","tag-gipc","tag-region","tag-sensitisation","tag-train"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1152284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1152284"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1152284\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1152284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1152284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1152284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}