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FDI Inflow: General trading sector leads with $246 million

5 years ago
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The Ghana Investment Promotion Centre (GIPC) in a media engagement last Friday, noted it had recorded total investments of $869.47 million for the first half of 2020.

Of the total investments recorded, total Foreign Direct Investments (FDI) value amounted to some $785.62 million.

In all, 69 projects were registered by GIPC between the period of January and June 2020.

The services sector led the number of registered projects with 25 projects followed by the manufacturing and export trade sector with 21 and 11 projects respectively.

However, in terms of total investments per sector, the general trading sector recorded the highest amount of $246.05 million and was closely tailed by the mining exploration sector with $231.02 million.

The 69 projects spread across six regions – Greater Accra, Central, Western, Eastern, Ashanti and Volta – will provide a total of 14,052 jobs for Ghanaians when fully operational.

Tags: FDIgeneral trading sectorGIPC
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