The Ghana Investment Promotion Centre (GIPC) has launched an initiative to identify and promote investment opportunities in the Oti Region.
The move aims to leverage the region’s natural resources, agricultural land, and strategic location to attract investors and stimulate economic growth.
Mr Simon Madjie, the Chief Executive Officer (CEO) of GIPC, said the agency is working closely with local stakeholders, including traditional authorities and district assemblies, to gather data and intelligence on investment opportunities.
He said the Oti Region had vast potential for growth and development, making it an attractive destination for investors.
He made these remarks at a forum organised by the Ghana Investment Promotion Centre (GIPC), in collaboration with the Oti Regional Coordinating Council (ORCC) held at Dambai.
The GIPC CEO highlighted the government’s “Big Push” initiative, a comprehensive infrastructure development Programme, aimed at transforming the region into a hub for economic growth.
Mr Madjie said the programme focused on connecting district capitals, regional capitals, and areas of high agricultural and trade potential.
Speaking to the Ghana News Agency (GNA), he said key components of the initiative included infrastructure development, power grid expansion, road network improvements, and basic service expansion.
Mr Madjie stated that the goal was to create a favorable business environment that attracted investments and promotes economic development.
He explained that the government was encouraging local businesses to form partnerships with incoming investors, fostering joint ventures that benefit the local community.