By Edward Dankwah, GNA
Accra, Jan. 29, GNA – The Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding with the China–Africa Economic and Trade Promotion Council (CAETP) to establish the China–Ghana Economic and Cooperation Project Programme.
The programme is intended to provide a structured platform for investment promotion, investor engagement, and coordinated project development between Chinese enterprises and Ghanaian stakeholders.
A statement issued in Accra by the Centre said it further aimed to deepen investor engagement, improve deal flow, and accelerate the development of bankable projects that support Ghana’s long-term growth objectives.
It also underscored the Centre’s commitment to proactive, institution-driven investment promotion and sustained engagement with strategic partners in China
The MoU was signed at the recent China-Ghana Economic and Trade Cooperation Project Promotion Conference and the Inauguration Ceremony of the GIPC China Liaison Office.
The statement said the Ghana–China Delegation Mission was led by the 24-Hour Economy Secretariat (24H+) and strategically coordinated by Mr Augustus Tanoh, the Presidential Advisor on the 24-Hour Economy.
Other participants included representatives from the National Development Planning Commission, the Ministry of Finance, the Ministry of Fisheries and Aquaculture Development, the Ministry of Tourism, Culture and Creative Arts, the Ghana Export Promotion Authority (GEPA), and the Ghana Infrastructure Investment Fund.
It said the mission, which has investment promotion and study tour component, follows President John Dramani Mahama’s visit to China last year and reflects Ghana’s strategy to convert high-level diplomatic engagements into concrete investment partnerships.
It said as part of the activities, the Ghana mission had the opportunity to present specific 24h+ projects, particularly those in the Volta Economic Corridor (VEC), to investors in greater detail than is possible at a presidential seminar.
”It also provided an opportunity to collaborate with Chinese public research institutions to accelerate and sustain the President’s 24H+ initiative,” it added.
The study tour is to help the mission gain a clearer understanding of China’s development model and the tools it has used, and to evaluate which strategies and methods of China’s success might be applicable to Ghana.
The statement said the mission aimed to examine how China has organised relations among state sectors, foreign capital, and indigenous small and medium-sized enterprises.
It also aims to understand how China has addressed inevitable ecological challenges and developed technologies, including affordable irrigation systems, AI-based agroecology, and large-scale off-grid renewable energy systems.
It said the mission aligned with Ghana’s broader industrial and economic transformation agenda, which emphasises private-sector-led investment, value-chain development, and sustainable job creation.
Mr Simon Madjie, the GIPC Chief Executive Officer, led engagements with the Chinese business community focused on positioning Ghana as a competitive, investor-ready destination supported by clear policy frameworks, targeted incentives, and improved ease-of-doing-business reforms.
He outlined Ghana’s investment entry processes, sector-specific opportunities, and government measures to reduce transaction costs and strengthen investor confidence across priority sectors.
Mr Ambrose Nsarkoh, the Deputy Chief Executive Officer of GEPA made presentations on Ghana’s export potential, trade facilitation mechanisms, and market access opportunities.
GNA
Edited by Benjamin Mensah