The Greater Accra Region accounted for 115 out of 140 projects registered as investments by the Ghana Investment Promotion Centre (GIPC) in 2024.
According to the GIPC, the Ashanti Region followed with 10 projects. The Eastern, Central, and Western Regions placed third, fourth, and fifth, respectively, with six, four, and two projects.
Sources of Investment
China led by the number of registered projects, contributing 49. However, the Netherlands emerged as the leading source of Foreign Direct Investment (FDI) value, injecting US$265.33 million.
Between January and December 2024, 26 companies brought in additional equity totaling US$34.67 million.
In the same period, 54 wholly Ghanaian-owned projects with a total project value of US$1.36 billion were registered. These were spread across the building and construction, export trade, general trade, manufacturing, tourism, and services sectors.
Renewal of Registration
The GIPC further disclosed that 694 companies renewed their registration within the year, as required under the GIPC Act 865, which mandates companies to renew their certificates every two years.
Of the total, 455 were wholly foreign companies, 165 were joint ventures involving Ghanaians, and 74 were wholly Ghanaian companies.
Source: Joy Business
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