The Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), Mr Simon Madjie, has urged Chinese investors to take advantage of the vast investment opportunities that exist in Ghana to diversify their investment portfolios.
He said Ghana had huge investment opportunities in sectors such as energy, agro-processing, infrastructure, and manufacturing which they could explore.
Speaking at the third-day of the Ghana China Business Summit 2025, dubbed “The Big Push”, Mr Madjie said Ghana was strategically positioned to offer high-yield returns on investment, with policies and protections in place to ensure long-term business success.
The five-day summit, which began on Monday and will end today, is being organised by the Government of Ghana, SINO- Africa Group and Perfect World Company Limited.
It is being attended by more than 120 Chinese investors and delegates.
In a presentation on the topic
“Why You Must Invest in Ghana,” Mr Madjie said the country had high investment potential in the areas of electric vehicles (EVs), packaging facilities, tractor assembly plants, industrial parks, and agro-ecological zones, which aligned with the government’s flagship 24-Hour Economy policy.
In the energy sector, he said Ghana currently produced about 24,260 megawatts of power annually and had 27 power plants, with ongoing production of 48.25 million barrels of crude oil.
He said the government had opened up the energy sector for private participation in electricity distribution, off-grid power generation, wind turbine installation along the coast, and the establishment of transmission entities.
The GIPC CEO mentioned strategic investments in solar refrigeration and the upstream petroleum sector, including a recent Memorandum of Understanding with Jubilee Partners to drill 20 new wells.
He said investment opportunities existed in the construction of oil refineries with a daily capacity of 300,000 barrels, as well as a $60- billion petroleum hub project comprising three refineries, five petrochemical plants, and 10 million cubic metres of storage capacity.
He disclosed that Ghana Gas was seeking $745 million to construct the Takoradi-Tema and Takoradi-Ivory Coast pipeline projects.
Credit: ghanaiantimes