GIPC wins ‘Best Investment Promotion Agency’ in West and Central Africa for the fourth time

The Ghana Investment Promotion Centre (GIPC) has yet again been adjudged the 2018 Best Investment Promotion Agency in West and Central Africa.

This award makes it four (4) for the Centre as it had earlier grabbed the same award for 2015, 2016, and 2017. The Centre was also given the Loyalty Award for being consistent in its investment promotion drive in the sub-region.

Both awards were given at this year’s Annual Investment Meeting (AIM) 2019 Investment Awards Gala Dinner, held on 8th April 2019 at Fort Island, Madinat Jumeirah in Dubai.

The AIM Investment Awards is organized under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai.

It is intended to recognize Investment Promotion Agencies (IPA) for their outstanding work in successfully attracting sizable and beneficial foreign direct investment projects that contribute to the national economic growth and development of their countries.

Agencies from nine (9) geographical zones are then selected for the award. They include Latin America, Middle East and North Africa, West and Central Africa, East Africa, and Southern Africa, Central Asia, South East Asia and Oceania, Eastern Europe Turkey CIS, and Europe.

The GIPC won the award for the West and Central Africa Region through the showcasing of its support and facilitation for the Zonda Sinotruk Assembly Plant Limited project registered by the Centre in 2018 with an investment value of US$15 million.

Capital Finance International (CFI.co) a print journal and online resource reporting on business, economics and finance also declared the Centre the 2019 Best Investment Promotion Agency in Africa.

The Chief Executive Officer (CEO) of the Centre, Mr Yofi Grant who received the award on behalf of the Centre said the award was prove that Ghana’s story was being heard and read and as such it was important for all to rally behind this recognition and bring to bear the partnerships and linkages between FDI and domestic investors and businesses for mutual benefit and the growth of the Ghanaian economy, truly Ghana Beyond Aid”, he added.

“The Ghana narrative is a great story to tell. It’s a story of remarkable recovery, inspiration and transformation over the past 27 months.”, he added.