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GIPC engages Japanese businesses in Ghana

THE Ghana Investment Promotion Centre (GIPC) has collaborated with the Japan External Trade Organization (JETRO), to organize a business forum, focused on Ghana’s investment and regulatory landscape.

The event availed an opportunity to orient the Japanese Business Community on the investment trends and opportunities within multiple sectors in Ghana, to guide their expansion and investment decisions.

The Forum also provided an avenue for existing Japanese investors who are operating in Ghana, to know about the role GIPC can play to facilitate their business operations in the country and learn more of its unique Aftercare services, purposed to address post-establishment issues.

Speaking at the event, the Centre’s CEO, Mr. Yofi Grant underscored that Ghana’s engagement with the Japanese business community over the years, has been a dynamic one, with Japan being the 12th highest FDI contributor to Ghana within the period of 2017 to 2022.

He mentioned that, though the current economic landscape faces some challenges as countries emerge from the global political and health crisis, there are still several opportunities in Ghana, and Africa at large, that investors can leverage.

“Beyond all that is happening in the world, there is a tacit agreement that Africa has a significant role to play in reviving the global economy, considering its vast unexplored resources and market. We believe that Ghana is an entry point to this real potential” Mr. Grant mentioned.

He added that “Ghana recognizes the quality of Japanese business operations and is very keen on exploring and maintaining mutually beneficial partnerships with the Japanese business community”.

Taking his turn to address the audience, the Japanese Ambassador to Ghana, Hisanobu Mochizuki, noted that the past decade has seen increased Japanese investments into Ghana, with a potential for more.

He also touched on some issues besetting the investment environment, but reassured the Japanese investors of GIPC’s commitment to help them address the challenges.

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