Business News of Sunday, 11 June 2017

Source: citibusiness.com

CitiBizFestival: Investment Opportunities Forum comes off tomorrow

The forum is a one day conversation on the state of Ghana The forum is a one day conversation on the state of Ghana

The next outdoor event of the month long Citi Business Festival, which is the Investment Opportunities Forum, will be held tomorrow at the Alisa hotel in Accra at 9am.

The event is in partnership with the Ghana Investment Promotion Center (GIPC) and it is aimed at addressing challenges that face locals and foreign investors in Ghana.

The forum is a one day conversation on the state of Ghana’s readiness to attract the needed investment for economic transformation
The objectives of the Forum are:

1. To understand the state of play of business investment in Ghana.

2. To outline the GIPCs strategy to make Ghana a globally competitive investment destination.

3. To identify the policy changes needed to trigger this investment boom?

4. To highlight some of the potential investment opportunities available in Ghana today.

5. To display the link between the right investments and the overall economic objectives in Ghana.

The key issues that would be discussed at tomorrow’s forum will include how the GIPC can change the investment rules to enhance Ghana’s investment attractiveness?, What is the link between Ghana’s Macroeconomic Outlook and the potential to boost investment?.

How do we ensure the right mix between attracting foreign investment and boosting domestic Investment? as well as Which sectors should Ghana focus on in its new investment drive?


The forum will take the form of a moderated Davos-style panel discussion made up of key actors from both public and private sector.
To discuss the topics and prescribe solutions, Citi FM will assemble an excellent panel which include the CEO of the GIPC , Mr. Yofi Grant, the CEO of African Tiger Holdings Limited, Mr. Henri Wientjes, and CEO of the Private Enterprise Federation(PEF) Nana Osei-Bonsu.

Background

The Ghana Investment Promotion Centre (GIPC), which is the government agency that coordinates and monitors all investment activities and assists domestic and foreign investors in Ghana, has set an audacious target of hitting 5 billion dollars Foreign Direct Investment by end of 2017.

This is inspite of the center’s inability to meet its target of about 2 billion dollars last year.

The CEO of the center, Mr. Yofi Grant has also indicated that the center will soon publish details of its review of criteria and requirements for foreigners who wish to invest in the country.