President Nana Akufo-Addo Dankwa, on Friday, 26th November 2021, performed the
swearing-in of a 10-member Board for the Ghana Investment Promotion Centre (GIPC), at
the Presidency.

The President described the work of the newly inaugurated Board, chaired by Mr. Alex Apau
Dadey, as ‘crucial’, amid the country’s gradual recovery from the global pandemic.

He however expressed fervent optimism in the Board, to assist GIPC in undertaking
measures that will enhance Ghana’s investment climate for both local and foreign
enterprises.

“I am convinced that with the new board in place, GIPC will be better positioned to exhibit
the myriad business prospects available not just to the rest of the globe, but also to
indigenous local investors” he opined.

The Centre’s new board chairman and founder of KGL Group, Mr. Dadey assured of the Board members’ commitment to help improve the country’s investment portfolio, in support of the Ghana Beyond Aid agenda.

He said the Board’s short and medium-term plan, will be to facilitate FDI flows, of USD 3bn
in 2021, and USD 4bn in subsequent years.

‘Our short- and medium-term strategy, is to facilitate USD 3 bn in 2021 and USD 4 bn per
year in 2022 and 2023 to support Ghana CARES “Obaatan pa” Program. This is aimed at mitigating the impact of the COVID-19 pandemic, returning the country to a sustained path of robust growth” Mr. Dadey remarked.

He added that the 10-member Board will work at accelerating reforms to the GIPC law and collaborate with the relevant agencies to facilitate ease of doing business in the country.

Other members of the Board include; Chief Executive Officer of the GIPC, Yofi Grant; first
Deputy Governor of the Bank of Ghana (BoG), Maxwell Opoku- Afari, and Director-General
of the National Development Planning Commission (NDPC), Dr Kodjo Esseim MensahAbrampa.

The rest are, Deputy Minister of Trade and Industry, Nana Dokua Asiamah-Adjei; Deputy
Minister of Finance, Dr John Ampontuah Kumah, a representative from the Private
Enterprise Federation (PEF), Kwaku Agyeman-Duah; Robert Ahomka-Lindsay (member),
Nora Bannerman-Abbott (member), and Margaret Ekua Prah (member).

The Centre is Ghana’s foremost investment promotion and attraction Agency, mandated by
the GIPC Act, 2013 (Act 865), to promote, coordinate and facilitate investment (both local
and foreign) in the Ghanaian economy.

Source: Ghana/Starrfm.com.gh