Business News of Friday, 18 December 2009

Source: Dode Seidu

GIPC calls for investment project proposals

Ahead of the Ghana’s Investment Fora in 2010, the Ghana Investment Promotion Center (GIPC) has called for marketable business investment projects that will be packaged for promotion in the 2010 investment fora. The call was made during a sensitization workshop by the GIPC on Wednesday.

There will be two investment fora in 2010, the first in February and the second in June. The February investment forum is being organized under the auspices of the Commonwealth Business Council while the June event is being organized as part of the Investment Promotion in Sub-Saharan Africa (IPSSA) initiative-sponsored by the Swiss government.

The IPSSA initiative is a technical assistance programme to build capacity of the GIPC to identify and build a strong portfolio of investment projects for local and international promotion.

Speaking at the launch, the IPSSA Project Manager Ghana, Mr. Felix Quansar, assured participants of institutional support from GIPC for the selected investment projects to be presented at the investment fora. He said ‘GIPC will verify and validate investment projects for promotion on international investment platforms’ adding that ‘… this is an institutional approach to stimulate direct investment into concrete projects proposed by local businesses.’

Priority areas for the investment projects for the fora include: agriculture and agribusiness; financial services; infrastructure and utilities; manufacturing and industries; petroleum and mining; and tourism.

OSEC Business Network Switzerland carries out the IPSSA initiative on behalf of the Swiss Government. The Embassy of Switzerland to Ghana implements the official Swiss Economic Development Assistance to Ghana which concentrates on economic and trade measures in four main domains i.e. sound macro-economic policies and transparent public finances; financial sector development and strengthening; trade, competition and investment climate and basic infrastructure regulation and public utilities in energy.

For more information contact:

 Mr. Felix Quansar				Mr. Kofi Antiri

IPSSA Project Manager Ghana Acting Director, (Evaluation, MIS & Budget)

Darko Farms Office Complex Ghana investment Promotion Center

No. 4 Light Industrial Area Public Services Commission Building

Nyaniba Estates, Accra Ministries Enclave, Accra

Phone : +233 244 239190 Phone : +233 665 125-9/664276

fpquans@gmail.com kantiri@gipcghana.com

www.ipssa.ch/ipssa www.gipcghana.com

Dode Seidu Administrative and Communication Officer Embassy of Switzerland P.O. Box GPO 359 Accra Phone: +233 225 008/ 248 226 Dode.seidu@eda.admin.ch www.eda.admin.ch/accra