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GIPC Launches Ambitious Investment Mapping Project to Decentralize Economic Development

 


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Story by,  Paul Mensah Nsor 

 Ghana Investment Promotion Centre has unveiled a groundbreaking Investment Opportunity Mapping Project (IOMP) aimed at transforming the country's economic landscape by identifying viable investment opportunities across all 261 districts. 

Speaking at the launch, Julius Debrah, Chief of Staff of the Republic of Ghana, highlighted that currently 70% of foreign direct investment is concentrated in Greater Accra, leaving most regions underrepresented.

The initiative seeks to address economic imbalances by providing a comprehensive, data-driven roadmap for both local and international investors. Key sectors targeted include agriculture, manufacturing, tourism, healthcare, mining, infrastructure, renewable energy, and digital services.

This strategic move comes in response to a significant drop in foreign direct investment from $3.8 billion in 2019 to $1.6 billion in 2024. The project aims to stimulate domestic investment, create jobs, and ensure more equitable economic development across Ghana's regions.

Government officials are calling on regional ministers, local businesses, and international investors to actively participate in this transformative initiative, viewing it as a critical step towards building a more inclusive and prosperous economic future for Ghana.

The IOMP is expected to complement existing national strategies and support President Muhammad's vision of a resilient and productive economy.

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