ADVERTISEMENT
GIPC raises $158m in first quarter
30 of the projects were completely foreign-owned, accounting for $163.61 million representing 65% of the total revenue for the first quarter.
This is revenue from 39 new projects through Foreign Direct Investment which are estimated to create 2000 new employments. This was one more than the 38 projects undertaken in the same period of 2015.
The rest of the 9 were joint ventures between Ghanaians and foreigners at a value of $85.88 million accounting for 34.42% of the total revenue.
ADVERTISEMENT
Greater Accra received the highest of the 10 regions, Ashanti region followed with five, Brong Ahafo and Eastern regions received one each.
Manufacturing, construction, general trading, services, tourism and cooperation were the sectors in which projects were undertaken.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
Truck driver arrested for allegedly causing train accident on Tema-Mpakadan railway line
Kia driver who caused accident involving Ghana’s new train reports himself to Police
No passenger injured in accident involving Ghana’s newly imported train – Railways Minister
NAGRAT gives govt one-week deadline to address unpaid pensions affecting 700,000 workers
Inside story of how Ghana’s new train got involved in accident on a test run
She sent naked photos to Dubai lover while I battled kidney disease - Erico speaks on divorce
How did young politicians get so rich in just 5 to 7 years - Franklin Cudjoe asks
Artificial Intelligence will affect around 40% of the global workforce — IMF