Gov’t targets textiles, agribusiness and auto components in investment push
Ghana is targeting textiles, agribusiness and component manufacturing as it seeks to attract investors with reforms that go beyond its reputation for political stability.
Ghana is shifting its focus to attract investors in key sectors such as textiles, agribusiness, and auto components. The Ghana Investment Promotion Authority (GIPA) Chief Executive Officer, Simon Madjie, emphasized that the country's pitch now centers on policy changes, credible leadership, and a conducive environment for business growth.
Madjie highlighted recent sector policies in textiles, agribusiness, and component manufacturing as examples of these efforts. He explained that these initiatives aim to position Ghana as a destination where investors can build and sustain profitable businesses, highlighting the evolution of Ghana's proposition beyond its traditional emphasis on political stability and market size.
Madjie acknowledged the competition from neighboring countries but stressed that Ghana's current allure lies in its commitment to reforms, including tax and customs law changes, which are crucial for long-term growth. He also stressed the importance of credibility in leadership, asserting that investors need confidence in government at all levels to thrive in Ghana.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
