The newly appointed Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, has shared his ambitious vision for the future of the organisation in his first meeting with management and staff.
The meeting aimed to introduce Mr. Madjie to the team and outline key strategies to position Ghana as a more attractive destination for Foreign Direct Investment (FDI).
Appreciation
Mr. Madjie expressed his appreciation for the efforts made by the GIPC team in advancing the organisation’s goals but emphasised that much more work is needed to enhance its effectiveness.
One of his core priorities is to strengthen collaboration with key ministries and government agencies. By fostering stronger partnerships, Mr. Madjie aims to streamline processes and better align national development priorities with the interests of investors. This strategy is expected to drive sustainable economic growth for the country.
Investment
In a bid to attract more investors, Mr. Madjie announced plans to map investment opportunities in all districts of Ghana. These opportunities will be showcased during the Centre’s upcoming sensitisation tours. As part of this initiative, regional directors will be appointed in all 16 regions to oversee the project, ensuring comprehensive coverage of the country’s potential.
“We must promote Ghana’s investment opportunities with specific, data-backed insights, rather than relying on generic claims,” Mr. Madjie emphasised.
Another key development outlined by Mr. Madjie was the establishment of an African Continental Free Trade Area(AfCFTA) Desk at GIPC. This initiative will support Ghana’s efforts to leverage the AfCFTA agreement, positioning the country to maximise investments under the continent’s promising regional trade pact.
GIPC Act
Mr. Madjie also revealed plans to expedite the review of the GIPC Act, which was previously initiated under the former leadership, and work on improving the Centre’s registration process. This is in line with the government’s 24-hour economy policy, which will be factored into GIPC’s operations to ensure faster and more efficient services for investors.
“I will focus on building the capacity of the GIPC team, ensuring we all have the skillset needed to achieve the future we envision,” said Mr. Madjie.
Mr. Madjie’s vision also included a call for unity and collaboration within the organisation. He urged the staff to actively support the initiative to promote Ghana as an investment hub, both locally and globally, under the campaign “Ghana is Open for Business.”
Ceremonial handover
The meeting also featured the ceremonial handover of leadership from Mr. Yofi Grant, the outgoing CEO. Mr. Grant thanked the management and staff for their support throughout his tenure and encouraged them to provide the same level of commitment to Mr. Madjie as he takes the helm of the organisation.
Mr. Simon Madjie was appointed CEO of the Ghana Investment Promotion Centre by John Dramani Mahama, following the reassignment of Dr. Bernice Makafui to the Presidency as a Presidential Staffer.