The Ghana Investment Promotion Centre (GIPC) is hopeful Ghana will become the preferred destination to do business in the sub-region.

The Centre hopes to bring in substantial foreign direct investments into the country this year.

Speaking to Class Business after the inaugural ceremony of a 10-member GIPC Board, Chief Executive Officer for the Centre, Yofi Grant said with the inauguration of the board, Ghana will be an investment destination on the continent.

He said: “By the end of the first-quarter, GIPC should be reporting to the presidency what their observations are and whether the investment down here has been strengthened because I think that without any equivocation in my mind, without any doubt, we can become the best place to do business in Africa.

“As for being the [business] hub for West Africa, I think we are so well-positioned to do it.

“It will be a travesty of justice if we don’t become so in the next three years. It’s a process, it’s not a one-day thing and we have done several stakeholder engagements and we get views from different sectors as well.”