THE GHANA Infrastructure Investment Fund (GIIF) has held a strategic consultative meeting with ten Ambassadors and High Commissioners scheduled to represent Ghana across the globe.
The engagement aimed at leveraging Ghana’s diplomatic missions to attract infrastructure investment and financing opportunities.
Held in Accra, the meeting provided a platform for GIIF to share its mandate as Ghana’s sovereign wealth fund and its role in mobilizing global capital to support the country’s infrastructure development agenda under the government’s “Resetting the Economy” initiative, including the 24-Hour Economy and the Big Push.
According to GIIF CEO, Nana Dwemoh Benneh the Fund, with an anchor equity of US345 million, has so far committed US365 million across 13 infrastructure projects valued at approximately US3.6 billion.
He added that GIIF’s current balance sheet stands at US445 million, with a robust pipeline of projects worth over US$5 billion.
He encouraged the envoys to actively engage with global investors in their respective countries of service and help form strategic partnerships that can support Ghana’s infrastructure needs and economic transformation.
The session was coordinated by Mr. Peter Ahiekpor, CEO of Platinum Equities Ltd and business consultant for GIIF. He stressed that GIIF is a key tool the envoys can use to meet their performance targets, as directed by H.E. President John Dramani Mahama.
As a next step, the Ghana Consulate in Dubai and GIIF are planning a major investment roadshow in Dubai in collaboration with the Ghana Investment Promotion Centre (GIPC) and other investment bodies, to attract capital into Ghana’s infrastructure sector.
Source: Nationaltymes.com
