2016 second quarter FDI increases by over 400 percent

Featured News // 2016.08.10

Foreign Direct Investment (FDI) results recorded during the second quarter of this year increased by over 400% in the amount of initial transfers compared with the value recorded in the corresponding quarter of 2015.
According to the Ghana Investment Promotion Centre (GIPC), 12 more projects were recorded in the second quarter compared with the number of projects recorded in the first quarter of 2016.
In addition, a total of 51 new projects were registered with total initial capital transfer amounting to US$59.12 million.
Meanwhile of the total estimated value of the projects which was US$1.45 billion, FDI component amounted to $1.41 billion.
Also total of over 4000 jobs are expected to be created by the projects recorded.
CEO of the GIPC, Mawuena Trebarh explained, “As part of our growing efforts in creating awareness of GIPC services to the local business community, the GIPC continues to engage with local investors through the annual outreach program.”
Meanwhile a total of eighteen (18) wholly Ghanaian projects were registered by the Centre in the quarter under review.
The estimated value of these projects amounted to US$392.19 million.

ghana map.jpg

„Simply business”