The GIPC boss with some of the participants of the business forum
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has reaffirmed Ghana’s readiness for investment, describing the country as “open for business” as it deepens economic and trade relations with South Korea.
Speaking at the Ghana–Korea Business Forum in Accra, Madjie said Ghana’s improving macroeconomic indicators and renewed investor confidence position the country for sustained growth.
Inflation, the CEO of GIPC noted, has stabilised at about 5.4 percent, while debt restructuring efforts have strengthened economic stability.
He outlined three priority growth areas for 2026: the 24-Hour Economy and Accelerated Export Development Programme (24H+), large-scale infrastructure development under the Big Push initiative, and agriculture-led economic transformation, supported by renewable energy investments.
According to Madjie, the 24-hour economy aims to industrialise and cultivate about two million hectares of agricultural land, while the Big Push programme will focus on connecting regional and district capitals, food production zones, and constructing a 360-kilometre expressway linking Accra to the country’s second capital.
He also highlighted opportunities in renewable energy, citing ongoing multi-billion-dollar clean energy projects being pursued by the Ministry of Energy and Green Transition.
The Chief Executive Officer of MK Pollex Company Limited, Gaspar Choi led the seven (7) member Korea business delegation.
The delegation comprised companies operating in healthcare and cosmetics, sanitary and food packaging, industrial machinery and idle facilities, as well as solar power and energy.
The Director General of the Korea Trade-Investment Promotion Agency (KOTRA), Hong Koohwang, reaffirmed South Korea’s commitment to deepening economic cooperation with Ghana.
He said KOTRA, which has operated in Ghana for over 14 years, continues to facilitate trade missions, business matchmaking, and investment opportunities across sectors including manufacturing, renewable energy, healthcare, packaging, and smart agriculture.
Koohwang introduced a delegation of South Korean companies currently exploring partnerships in Ghana, noting that their expertise aligns with the country’s development priorities.
“We are ready to connect Ghanaian businesses with Korean partners and deepen mutually beneficial cooperation,” he said.
The Member of Parliament for Central Tongu and Chairman of Parliament’s Select Committee on Trade, Industry and Tourism, Alexander Roosevelt Hottordze, assured investors of Parliament’s commitment to strengthening the business environment and supporting private sector-led growth.
He called for increased private sector participation in market infrastructure, agriculture, industrialisation, and manufacturing, noting that Ghana is well positioned for long-term investment.
