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GIPC Holds Public Sector Consultation on New Investment Bill

TymesAdmin by TymesAdmin
September 16, 2025
in General News, Uncategorized
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GIPC Holds Public Sector Consultation on New Investment Bill
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THE GHANA Investment Promotion Centre (GIPC) has held a stakeholder meeting with public sector representatives to discuss the proposed Ghana Investment Promotion Authority (GIPA) Bill, 2025.

The new Bill is expected to replace the current GIPC Act, 2013 (Act 865), and establish the Ghana Investment Promotion Authority (GIPA) as the main government body responsible for encouraging, promoting, facilitating, and regulating investments in the country.

GIPC CEO, SIMON MADJIE.

Speaking at the consultation, GIPC CEO Mr. Simon Madjie stressed the importance of involving all stakeholders in the law-making process. He said the engagement aims to ensure that the new investment law addresses current challenges and reflects the realities of Ghana’s growing economy.

Mr. Madjie noted that the Bill would tackle key issues such as fronting and inconsistent regulations, while also improving investor protection and trust.

Ms. Naa Lamle Orleans-Lindsay, Director of GIPC’s Legal Division, explained why the old law needs to be updated.

She highlighted major reforms in the new Bill, including changes to the authority’s structure, clearer objectives, and revised requirements for foreign capital investments.

The meeting held last Friday, September 12, 2025 ended with an interactive Q&A session, where participants shared their views and suggestions for improving the Bill.

The consultation forms part of efforts by GIPC to build a more inclusive and effective investment environment in Ghana.

Source: Nationaltymes.com

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