body-container-line-1

Accra: First Three Quarters Of 2017 Yields $5.63bn Investments

By MyJoyOnline
Business & Finance Accra: First Three Quarters Of 2017 Yields 5.63bn Investments
NOV 22, 2017 LISTEN

Total investments recorded during the first three quarters of 2017 amounted to $5.63 billion with an FDI component of $4.37 billion, says the Ghana Investment Promotion Centre (GIPC).

GIPC has closed the third quarter of the fiscal year ending 31st December 2017, having already directly booked $3.37 billion of our $5 billion targets for the year of registered domestic and foreign investments for 2017.

These details and more are contained in a new record released by the GIPC.

According to the report, Total Foreign Direct Investments (FDI) into Ghana includes FDI investments registered at the Free Zones Board ($241.52 million), the Minerals Commission ($513.13 million) and the Petroleum Commission ($358.41 million).

CEO of the Centre Yoofi Grant said “we at GIPC are indeed encouraged to work harder to exceed our targeted FDI of $5 billion for the year.

“The GIPC continues to be a central pivot of government in facilitating foreign direct and domestic investments to support the development of our economy,” he added.

Click here to read the report in detail.
Story by Ghana| Myjoyonline.com |Abubakar Ibrahim

body-container-line