GIPC highlights Ghana’s political stability as unique selling point
The Ghana Investment Promotion Centre (GIPC) has reaffirmed Ghana’s robust political stability as a cornerstone in attracting foreign investment.
Deputy Chief Executive Officer, Mr. Yaw Amoateng Afriyie, underscored this sentiment highlighting the country’s enduring appeal amidst regional competition.
Mr. Afriyie emphasized that Ghana’s political stability sets it apart in the eyes of global investors, contrasting it with neighboring countries like Cote d’Ivoire where political transitions can impact economic policies and investment climates.
“Our stability and adherence to the rule of law make Ghana an attractive destination,” he asserted, citing positive feedback from foreign missions and companies operating in Ghana.
Addressing perceptions both within and outside the country, Mr. Afriyie acknowledged a disparity where Ghana’s international image often exceeds its domestic perception.
“Ghana is widely respected abroad for its rule of law and safety,” he remarked, noting instances where diplomats freely navigate public spaces without incident, a testament to Ghana’s peaceful environment.
He stressed the critical role of political stability in fostering investor confidence, noting, “Investors prioritize stability; they want assurance that their investments will be secure and profitable.”
Mr. Afriyie cited ongoing efforts by the GIPC to promote Ghana’s investment potential globally, leveraging the country’s stable political environment as a strategic advantage.
As Ghana continues to position itself as a hub for investment in West Africa, the GIPC remains committed to enhancing transparency, reducing bureaucracy, and further improving the business climate to attract more foreign direct investment (FDI).
