Wednesday, 10 December

GIPC CEO engages U.S. Embassy on new investment bill

Business
Mr. Simon Madjie

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr. Simon Madjie, has held a strategic engagement with officials of the U.S. Embassy to discuss the Ghana Investment Promotion Authority (GIPA) Bill, which is currently under review.

Mr. Madjie expressed gratitude to the Embassy for its sustained partnership and welcomed its contributions toward refining the Bill before its final submission to Parliament.

He noted that constructive stakeholder input remains crucial in creating a stronger and more resilient investment framework.

He reaffirmed GIPC’s commitment to transparent and supportive collaboration with development partners, stressing that the Centre continues to prioritise an enabling climate that attracts and protects investors.

 

The proposed GIPA Bill seeks to expand GIPC’s mandate, introduce a new governance structure, and revise minimum foreign capital requirements in line with global best practices.

It also aims to strengthen investor protection and advance sustainable economic growth.

When passed into law, the Bill will further streamline the registration, monitoring, and record management of Technology Transfer Agreements (TTAs) under the GIPC.

Source: Classfmonline.com/Cecil Mensah