Investment opportunities in Ghana are enormous – GIPC

The CEO of the Ghana Investment Promotion Centre (GIPC), Yofi Grant says the government’s flagship programme One District One Factory (1D1F) presents unlimited opportunities for both internal and external investors to thrive.

According to the GIPC boss, the 1D1F initiative coupled with other business programmes being implemented make investment opportunities massive in Ghana.

Speaking to Citi FM, he said, “I seriously believe that the Ghana opportunity is almost limitless at this moment. I mean we have bauxite, oil and gas, iron ore, lithium, manganese, so we do have quite a significant amount of mineral resources which we haven’t exploited yet, and so for me, that is not even the limit to it because we have the 1D1F which is a fantastic opportunity for investors both internally and externally”.

Although he said the GIPC could miss the $10 Billion dollar target for this year, he touted Ghana’s friendly investment terrain bringing in some significant gains.

“We have our railways and others. So for us at GIPC, I still maintain that we should tag it 10 billion dollars for the year. We may not reach it, but there are other opportunities coming up.

“Some of these projects that we see unfortunately the gestation period is normally longer than a year so by the time you actually write into your books its gone beyond a year,” Laudbusiness.com, reports.