The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, has held a strategic engagement with officials from the U.S. Embassy to discuss the Ghana Investment Promotion Authority (GIPA) Bill, which is currently under review.
During the meeting, Mr. Madjie expressed appreciation for the Embassy’s ongoing partnership and welcomed its input in refining the Bill ahead of its eventual submission to Parliament. He emphasised that stakeholder input is vital to building a more robust and resilient investment framework for Ghana.
Mr. Madjie reiterated GIPC’s commitment to transparent and collaborative engagement with development partners, stressing the Centre’s ongoing priority to foster an enabling environment that both attracts and protects investors.
The proposed GIPA Bill aims to broaden GIPC’s mandate, introduce a new governance structure, and update minimum foreign capital requirements in line with international best practices. The legislation also seeks to enhance investor protection and promote sustainable economic growth.
Once enacted, the Bill will further streamline the registration, monitoring, and record management of Technology Transfer Agreements (TTAs) under the GIPC, marking a significant step forward for Ghana’s investment landscape.
Source: Apexnewsgh.com
