The Ghana Investment Promotion Centre (GIPC) has unveiled a 24-hour premium service designed to expedite investment registration and approvals, reinforcing its commitment to enhancing efficiency and investor satisfaction.
Announcing the initiative at a media briefing in Accra, GIPC’s Chief Executive Officer, Mr Simon Madjie, emphasized that the service aligns with the government’s 24-hour economy initiative, aimed at fostering a dynamic business environment, attracting investment, and driving sustainable economic growth.
“Our service aligns with global best practices and provides investors with priority processing for their applications, ensuring timely support for urgent business activities,” Mr Madjie stated.
He further highlighted that, alongside ongoing efforts to review the GIPC Act, the initiative demonstrates the Centre’s dedication to removing barriers to investment in Ghana.
Scope and Benefits of the Premium Service
Providing further details, GIPC’s Acting Head of Investor Services, Mr. Kwame Kesse-Agyepong, explained that the premium service covers investor registrations, certificate renewals, and automatic and replacement quotas.
“The premium service is available only upon request, requiring investors to have all mandatory documents in order and complete the necessary payment. The clock starts ticking once we confirm that all submitted documents are in order,” Mr. Kesse-Agyepong clarified.
He added that applications for the 24-hour premium service could be submitted in person or via a dedicated email: [email protected].
Encouraging businesses to leverage GIPC’s services, Mr Kesse-Agyepong noted that the initiative ensures seamless entry and operational establishment for investors in Ghana.
Stakeholder Endorsement and Early Success
Dr. Ishmael Nii Amanor Dodoo, Head of Innovative Finance, Partnership, and Markets at the 24-Hour Economy and Accelerated Export Development Secretariat, underscored the impact of the initiative.
“The 24-hour premium service will help expedite GIPC’s service to its clients, resulting in economic growth and providing export opportunities,” Dr. Dodoo remarked.
A beneficiary of the service, Mr. Sape Alfred, shared his positive experience with the expedited process.
“This innovative pilot program is a game-changer. After submitting my application, I received an invoice within the first day, and upon payment, all necessary documents were processed promptly. The efficiency of this service has been remarkable,” he noted.
With this initiative, GIPC continues to position Ghana as an investor-friendly destination, providing timely and efficient services to businesses looking to establish or expand their operations in the country.
