Ghana placed second to Austria in this year's World Association of Investment Promotion Agencies competition. Ghana was presented with a trophy at the Association's general meeting held in Vienna in January.

This was announced by Kwesi Abeasi, Chief Executive of the Ghana Investment Promotion Centre (GIPC) when he presented the trophy and a giant logo of the Centre for the competition to President John Agyekum Kufuor at the Castle, Osu.

President Kufuor commended the Centre for the honour bestowed on the country. The logo read: " Searching for an Investment Location? Think Ghana-Gateway to West Africa ", depicting the opportunities, incentives and guarantees on investments in Ghana.