Business News of Sunday, 9 November 2014

Source: gbcghana.com

Prospects high for Ghanaian youth - GIPC Boss

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mawuena Trebah, says there are high prospects for the Ghanaian youth as the nation efficiently promotes the strategic investment policies of the Mahama-led government.

She said the focus of the Centre is to promote the domestic investment climate as well as build capacity to enable the domestic business community, partner with international investors, to manage the investment portfolio efficiently.

Mrs. Trebah added that “We must also create some kind of experience for the investor and it should not always be about the foreign direct investment; it has to be about domestic [the] business community because they are the most credible ambassadors of the investment climate in the country.”

According to her, there have been a lot of resources behind the quality of interactions with the Ghanaian business community; hence, they have organized quarterly breakfast meetings with CEO’s of Ghanaian companies, regional sensitization which has been part of GIPC for so many years, and have also sought to engage in regular interactions with the various business associations in Ghana to help understand their challenges.

She said “We have to strike an important balance in reaching out on a more grounded scale to the domestic business community seeking to understand the specific challenges that they face, so that they can incorporate that into the service provisions we offer to the business community both domestic and international.”

Mrs. Trebah said “we believe in excellence in the Ghanaian business community and our ability are to support their innovation, their entrepreneurial ideas creating more jobs from the small and medium size enterprises and from the micro enterprise level as well.”

She said they have been invited by President to support broad campaign; adding that what is of paramount importance to President Mahama is that every investment made should create jobs for the people of Ghana.

The Chief Executive Officer of the GIPC noted that the focus of the centre is on strategic investment; hence, when the boards are looking at investment, they will look at how many jobs the investment will create, how much of the investment will be used to source locally and how scales transfers are going to be created as a results of welcoming such an investment into the country.

“Every time we look at investment, we look at them in the context of the number of jobs it can create for the people of Ghana,” she said.