Carl Nelson
The Ghana Investment Promotion Council (GIPC) led by the Chief Operating Officer, Mr. Carl Nelson used the Agrishow Platform to show the rest of the world the competitive advantage Ghana offers investors and why it is the country of choice for investors.
In its Presentation, GIPC provided key statistics that underscores Ghana’s political stability.
“Ghana has a 27-year-old sustained democracy, held five successful and peaceful elections and changed leadership from one political party to the other held five successful elections, three peaceful transitions and has a lower crime rate compared to most part of the continent.”
GIPC also took participants through the process of acquiring a business permit in Ghana.
“A Joint Venture with a Ghanaian partner required a minimum capital of Two Hundred Thousand Dollars minimum capital requirement, 100% foreign owned come with Five Hundred Thousand Dollars minimum capital whereas Trading Activity engaging a minimum of twenty skilled Ghanaians requires a minimum capital of one million dollars. Whereas other countries try to put limit on percentage of profit that can be repatriated, Ghana allows investors to repatriates 100% of their profit without any hindrance. These requirements and policy flexibilities makes Ghana one of the best investment destinations on the globe.”
GIPC and MoFA were part of 5 organizations that represented Ghana at this year’s Agrishow. To widen the scope of networking opportunities, a number of separate meetings were arranged for each Organisation by Agrihouse Foundation, the liaison organisation between Ghana and Brazil for the event.
The Ministry of Food and Agriculture and GIPC met with: Foreign Trade Chambers Federation, Association of Cocoa Processing Industry, PERFARM, BNDES, ABAG, Banco do Brazil, Agtech, Agres and Silomas.
Most potential investors expressed interest in doing business in Ghana with concrete agreements reached to see the first batch of investors visit the country in June while a second group will follow in September this year.
Agrishow is the World’s third largest Agric trade event and arguably the most important agricultural technology trade show in the world. It brings together agricultural solutions for all types of agribusiness and related sector needs.
Agrihouse Foundation, Ghana’s leading pro-agric event firm served as the liaison organization between the Embassy of Brazil, Ghana and the organizers for the 2019 edition of Agrishow in partnership with the Ministry of Food and Agriculture.
With over 800 national and international brands from different investment segments across the globe participating, the Ghanaian contingent had a unique opportunity to meet and create mutually beneficial partnership with peers along the value chain of agribusiness.
The global agric showpiece was a gathering of all who matter in agribusiness around the globe. It revolved around the goal of identifying new investment opportunities, groundbreaking technologies, partners and acquiring requisite knowledge to succeed.
The event highlighted the latest products, services and technology supporting the entire value chain in agribusiness and provided the Ghanaian delegation a pool of opportunities for networking and knowledge transfer.
The Ghanaian delegation comprised of persons drawn from: Government Agencies, Organisations, Investors, Poultry and Livestock, Fisheries and Aquaculture, Producers, Packaging and Processing, Producers, Inputs Dealers, ICT, Finance and individuals with interest in the industry.
The event provided a wonderful opportunity for the Ghanaian delegation particularly those looking to enhance their businesses through strategic partnerships, networking and exchange of ideas.
