0
0 The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie has assured Singaporean businesses that Ghana offers “bankable, clear and practical opportunities” for investors seeking long-term growth in Africa.
Speaking at the Ghana-Singapore Business Dialogue, Mr Madjie pointed to landmark projects including the proposed petroleum hub and a $3.4 billion renewable energy programme as concrete ventures open to foreign participation.
He stressed that these initiatives, coupled with government incentives, placed Ghana at the forefront of Africa’s investment destinations.
“Our focus is not just on attracting capital, but on directing investors to projects that are real, bankable and capable of delivering measurable returns,” Mr Madjie emphasised.
His assurance reinforced President John Dramani Mahama’s call for Singaporean businesses to form productive partnerships with Ghana, describing the country as a “trusted, open and reliable” partner for trade and investment.
The President highlighted Ghana’s unique position as host of the African Continental Free Trade Area (AfCFTA) Secretariat, noting that the country was building strong logistics and digital infrastructure to serve as a springboard for trade across Africa.
Singapore’s Minister of State for National Development, Alvin Tan, echoed this appeal, urging businesses to view Ghana as a gateway to the African market, while Mr SS Teo, Chairman of the Singapore Business Federation, lauded Ghana’s measures towards economic stability as positive signals for the business community.
To deepen relations, Minister for Foreign Affairs, Mr Samuel Okudzeto Ablakwa, announced that Ghana would open its first embassy in Singapore next year to boost bilateral cooperation and facilitate business growth.
