Close Menu
    Trending
    • ‘We aimed for the ultimate” – Piwak on JoySports Invitational 2025 Success
    • Cedi crosses GH¢11 to US dollar amid supply pressures
    • Dee Wills, son of Duncan Williams, recounts struggles: ‘True love comes from self-love’
    • I funded Dr. Bawumia’s 2023 campaign in the Eastern Region – Bryan Acheampong
    • Kennedy Agyepong to file nomination for NPP presidential candidacy on August 27
    • Stolen cars: Dealers urge CEPS to prioritise checks over revenue
    • Kotoko eye redemption against GoldStars in Champion-of-Champions clash
    • Empowering youth for a sustainable future: The role of agri-innovation, technology and partnerships
    zamzamupdate.com/ News on the GO
    • Home
    • Ghana News
    • News Updates
    • Sports
    • Business
    • Politics
    • Entertainment
    zamzamupdate.com/ News on the GO
    Home»Business»Mapping opportunities to drive Ghana’s economic growth: The case of GIPC
    Business

    Mapping opportunities to drive Ghana’s economic growth: The case of GIPC

    ZamZam UpdateBy ZamZam UpdateAugust 16, 2025No Comments7 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The Ghana Funding Promotion Centre (GIPC) has taken a daring step to alter how funding is attracted and unfold throughout the nation. On July 10, 2025, the Centre launched the Funding Alternative Mapping Challenge (IOMP), a nationwide effort to determine and promote financial alternatives in all 261 districts. President John Dramani Mahama totally backs this mission and is according to his imaginative and prescient to create jobs, develop industries, and modernise the economic system.

    Talking on the launch, the Chief of Employees, Julius Debrah, described the initiative as a turning level for Ghana’s improvement.

    He mentioned the mission will be certain that each Ghanaian, regardless of the place they stay, has a good probability to learn from funding and financial development.

    He additionally known as on regional and district leaders to take full possession of their native financial improvement.

    A Clear Roadmap for Affect

    The IOMP just isn’t merely about itemizing funding alternatives. It’s a well-thought-out plan to breathe life into the federal government’s 24-hour economic system coverage by uncovering promising prospects in each a part of the nation and presenting them in ways in which attraction to critical traders. It recognises that Ghana’s development have to be inclusive, spreading far past the capital and creating balanced improvement.

    On the coronary heart of the mission is a dedication to producing detailed, data-driven profiles for every district. These profiles will turn out to be sensible funding guides for each native and overseas traders, making certain that the GIPC has a strong instrument to advertise alternatives in a focused method, nationally and internationally. The concept is easy: dependable information results in smarter choices, and smarter choices result in stronger investments.

    The plan additionally takes funding promotion nearer to the folks. By way of regional boards, communities will showcase their enterprise potential on to decision-makers and potential companions. This strategy is supported by in-depth assessments of every district’s strengths, assets, and infrastructure, making certain that alternatives are matched with the appropriate sort of investor.

    One other necessary focus is altering public notion. For years, many have believed that GIPC’s work centered primarily on overseas direct funding. The IOMP is designed to clarify that the Centre is equally dedicated to rising native funding, creating the situations for Ghanaian entrepreneurs and companies to develop.

    For the advantages to be lasting, native governments will need to have the abilities and techniques to draw and handle funding successfully. The mission will due to this fact construct the capability of district and regional authorities, working carefully with conventional leaders, Regional Ministers, and key stakeholders. It will be certain that investments usually are not simply directed to those areas however are additionally sustained and owned by the communities themselves.

    Supporting the President’s Financial Agenda

    President Mahama’s financial plan is anchored on three pillars: industrialisation, infrastructure development, and digital transformation. The IOMP helps all three. By gathering detailed intelligence on each district, the mission makes it simpler for presidency and traders to resolve the place to construct factories, enhance transport hyperlinks, or put money into expertise.

    The Chief of Employees harassed that the present imbalance in funding inflows has left many areas underdeveloped. Over three-quarters of investments are concentrated in Larger Accra, whereas different areas with robust potential are sometimes neglected. The IOMP goals to repair this by presenting credible, location-specific information to information funding choices.

    From Launch to Area Work

    For the reason that launch, GIPC has been getting ready to go to each area. The groups will have interaction Metropolitan, Municipal and District Assemblies (MMDAs), conventional authorities, small and medium enterprises, cooperatives, improvement companions, monetary establishments, the media, and the general public to realize a deep understanding of native alternatives and challenges.

    Chief Government Officer, Simon Madjie has made it clear that the aim is to profile, pitch, and promote alternatives that can entice each overseas and native traders. He has emphasised that Ghana should develop Native Direct Funding alongside International Direct Funding, giving residents with capital the prospect to contribute meaningfully to financial development.

    Driving Industrialisation and Worth Addition

    The mapping train will goal sectors the place Ghana can transfer up the worth chain. For instance, districts that produce giant volumes of cocoa, mango, cashew, or cassava may be linked with traders to ascertain processing vegetation. This shift from exporting uncooked supplies to producing completed items will create jobs, elevate incomes, and strengthen the economic system.

    President Mahama’s dedication to industrialisation is matched by the IOMP’s capability to determine and direct funding the place it may possibly set off native manufacturing hubs that serve each home and export markets.

    Closing the Infrastructure Hole

    No critical investor will decide to a location with poor infrastructure. The federal government’s Nationwide Infrastructure Improvement Programme “Massive Push” works in tandem with the IOMP. As GIPC groups go to districts, they’ll doc the place roads, energy, and web companies are missing. It will information ministries and improvement companions to channel assets into areas that want upgrades, making them viable locations for traders.

    Selling Ghana Digitally

    The IOMP additionally modernises funding promotion. GIPC is growing a web based platform the place traders can browse district profiles, maps, and funding prospects from anyplace on the planet. This elevated transparency will make Ghana extra aggressive in attracting capital.

    In accordance with Mr Madjie, previous investor complaints concerning the lack of dependable, up to date information will likely be addressed. The platform will likely be a stay useful resource for decision-making, and it’ll additionally serve Ghana’s overseas missions and embassies of their funding promotion work.

    Partnerships for Larger Affect

    The mission is being carried out in collaboration with the Ministry of Commerce, Agribusiness and Trade, the Ministry of Meals and Agriculture, and the Ghana Export Promotion Authority. This alignment ensures that district-level alternatives help broader nationwide financial methods.

    Deliberate regional roadshows will elevate consciousness, construct expertise, and join native leaders instantly with potential traders. These boards will permit communities to current their alternatives and safe partnerships on the spot.

    Selling Inclusive Development

    One of many IOMP’s strongest options is its inclusive attain. By masking all districts, it ensures that smaller cities and rural areas additionally profit from financial enlargement. This creates native jobs, strengthens provide chains, and reduces city migration pressures on main cities like Accra.

    The Volta Regional Minister and Dean of the Regional Ministers, James Gunu, has expressed robust help, stating that the Volta Area is able to showcase its potential on the upcoming roadshows. He believes the mission aligns completely with the Volta Financial Hall technique.

    Management for Lasting Outcomes

    For the IOMP to attain its objectives, information have to be correct, up to date, and transformed into concrete investments. This calls for steady effort and powerful partnerships between authorities and the non-public sector. With President Mahama’s backing and Simon Madjie’s succesful management, the foundations are in place for achievement.

    Mr Madjie’s profession in legislation, commerce coverage, non-public sector improvement, and enterprise networking offers him the abilities to steer such an formidable mission. His confirmed monitor file on the American Chamber of Commerce in Ghana demonstrates his means to attach Ghanaian enterprises with worldwide companions.

    The launch of the IOMP represents a brand new strategy to improvement, one which makes use of stable information, fashionable expertise, and energetic group involvement to unfold funding and prosperity throughout all of Ghana. With nationwide imaginative and prescient and devoted management, Ghana is taking a decisive step towards a fairer, stronger, and extra inclusive economic system.

    Electronic mail: rapetorgbor@gmail.com

    DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially signify the views or coverage of Multimedia Group Restricted.

    DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially signify the views or coverage of Multimedia Group Restricted.



    Source link
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleGhanaian midfielder Kwasi Sibo marks La Liga debut as Real Ovideo fall to Villarreal
    Next Article Kudus Mohammed stars with two assists in Spurs’ dominant 3-0 win over Burnley
    ZamZam Update
    • Website

    Related Posts

    Business

    Cedi crosses GH¢11 to US dollar amid supply pressures

    August 26, 2025
    Business

    Empowering youth for a sustainable future: The role of agri-innovation, technology and partnerships

    August 26, 2025
    Business

    Everything, Everywhere All At Once: The chaos and clarity of modern customer experience

    August 26, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    BoG unveils new policy measures to boost digital financial ecosystem

    June 18, 2025

    Team Ghana set for 2025 World Aquatics Championships in Singapore

    July 13, 2025

    Bawumia expresses concern over continuous detention of Wontumi and his whereabouts

    May 29, 2025

    Afram Plains MP pledges commitment to transform through strategic socio-economic development

    March 7, 2025

    Dumsor looms as Karpowership threatens shutdown over $370m debt

    February 13, 2025
    Categories
    • Business
    • Entertainment
    • Ghana News
    • News Updates
    • Politics
    • Sports
    Most Popular

    ‘We aimed for the ultimate” – Piwak on JoySports Invitational 2025 Success

    August 26, 2025

    GBA Bartenders Masterclass returns to redefine mixology in Ghana

    February 2, 2025

    Breaking News: Unknown person stabbed Asante Kotoko diehard supporter Pooley to death

    February 2, 2025
    Our Picks

    Fameye blames technical glitches for underwhelming 2025 TGMA performance

    July 22, 2025

    ‘We must never again allow reckless borrowing’ – President Mahama

    March 3, 2025

    US Army questions Kofi Adoma over gun incident linked to jailed officer Major Dartey

    June 15, 2025
    Categories
    • Business
    • Entertainment
    • Ghana News
    • News Updates
    • Politics
    • Sports
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Zamzamupdate.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.