GIPC Highlights Local Content’s Role In Foreign Direct Investment1 min read
Yoofi Grant.
Chief Executive of the Ghana Investment Promotion Centre (GIPC), Yoofi Grant, says local content should be used to create a mutually beneficial relationship between Foreign Direct investment (FDI), and the local economy.
He said FDI will boost the nation’s economic growth and development.
Speaking at the Second Edition of GIPC’s CEOs’ Breakfast Meeting in Accra, Mr. Grant said to upscale local capacity, it is important to use local content to drive human capital development.
Mr. Grant said the fastest way to build capacity and wealth is to plant the supply and value chain of direct investments.
Mr. Grant highlighted some disruptions that affected global FDI, according to the World Investment Report.
