The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr Simon Madjie, has unveiled the government’s economic priorities for 2026, calling on investors and private sector players to position themselves for emerging opportunities in infrastructure, agriculture, and value-chain expansion.
Addressing a Colombian business delegation in Accra during the state visit of Colombia’s Vice President, H.E. Francia Márquez, Mr Madjie highlighted that recent macroeconomic stability has set the stage for a focused growth agenda aimed at tackling structural challenges in the economy.
He revealed that infrastructure development will take center stage, with the government planning to invest nearly US$3 billion in rehabilitating and constructing highways and road networks nationwide. This, he said, will create vast opportunities for construction and engineering firms and related industries, while improving connectivity to support economic activity.
Mr Madjie also spotlighted the 24-Hour Economy and Accelerated Export Development (24H+) policy as a key pillar of the government’s growth strategy, describing it as an accelerated development initiative designed to bolster domestic production and competitiveness, making Ghana’s economy more self-sufficient.
He noted that the country spends about US$3 billion annually on food imports, and government interventions are focused on strengthening the entire agricultural value chain—from production to processing, storage, and distribution. Improved linkages between farms and processing centers, he explained, will reduce post-harvest losses, boost value addition, and create sustainable jobs.
As part of the 24-hour economy agenda, Mr Madjie cited the Volta Economic Corridor programme, which aims to develop approximately two million hectares of land for year-round agriculture, leveraging Volta River water resources for irrigation and plantation farming. The initiative also includes plans to develop 200,000 hectares of new cocoa farmland to increase output and export earnings.
He encouraged both local and international investors to partner with the government and seize opportunities arising from the infrastructure push and the 24-hour economy programme.
The Colombian delegation, led by Deputy Minister of Commerce Mr Tito Rufino Yepes, reaffirmed Colombia’s commitment to strengthening ties with Ghana. Mr Yepes outlined the Colombia Strategy for Africa, a framework to expand diplomatic, economic, and cultural engagement across the continent, emphasizing South–South cooperation and shared historical ties, particularly with Afro-descendant communities. He also noted Colombia’s intent to leverage its development and peacebuilding experience to deepen trade and strategic partnerships with Ghana and other African nations.
Source: Apexnewsgh.com
