Ghana’s status as a top destination for international investment was on full display at the recent Ghana–Korea Business Forum in Accra, where Mr. Simon Madjie, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), declared the country “open for business” and ready to deepen economic and trade ties with South Korea.
Addressing a diverse audience, Mr. Madjie emphasized Ghana’s improving macroeconomic outlook and rising investor confidence, underpinned by stabilized inflation at 5.4 percent and successful debt restructuring efforts. These achievements, he noted, have set the stage for sustained economic growth.
Looking ahead to 2026, Mr. Madjie outlined three ambitious priority areas: the 24-Hour Economy and Accelerated Export Development Programme (24H+), large-scale infrastructure projects under the Big Push initiative, and an agriculture-led transformation powered by renewable energy investments. The 24-hour economy aims to industrialise and cultivate two million hectares of farmland, while the Big Push will focus on improving connectivity between key cities, food-producing regions, and constructing a 360-kilometre expressway linking Accra to the country’s second capital.
Opportunities in clean energy were also spotlighted, with ongoing multi-billion-dollar projects led by the Ministry of Energy and Green Transition.
The forum brought together a seven-member Korean delegation, led by Mr. Gaspar Choi, CEO of MK Pollex Company Limited. The group represented sectors such as healthcare, cosmetics, food packaging, industrial machinery, and solar energy.
Mr. Hong Koohwang, Director General of the Korea Trade-Investment Promotion Agency (KOTRA), reaffirmed South Korea’s commitment to strengthening economic partnerships with Ghana. With KOTRA’s fourteen-year presence in Ghana, Mr. Koohwang highlighted the agency’s role in facilitating trade missions, business matchmaking, and investment opportunities across a range of sectors.
He introduced the visiting South Korean companies, noting their expertise aligns with Ghana’s development goals. “We are ready to connect Ghanaian businesses with Korean partners and deepen mutually beneficial cooperation,” he said.
Mr. Alexander Roosevelt Hottordze, Member of Parliament for Central Tongu and chair of the Select Committee on Trade, Industry and Tourism, assured participants of Parliament’s commitment to creating a robust business environment. He called for greater private sector involvement in infrastructure, agriculture, and manufacturing, underscoring Ghana’s strong positioning for long-term investment.
Source: Apexnewsgh.com
