Ghana - Japan Business Promotion Committee Inaugurated in Accra

A six-member high level Ghana-Japan Business Promotion Committee (GJBPC) to facilitate mutual investment, trade and business interests between Ghana and Japan has been inaugurated in Accra.

The committee made up representatives from the Ministries of Foreign Affairs and Regional Integration, Finance, Trade and Industry, Business Development, the Ghana Investment Promotion Centre (GIPC) and the Embassy of Japan in Ghana will promote Ghana as an entry point into Africa and investment hub to Japanese companies.

Other objectives of the committee are to set up information sharing mechanisms on trade updates, laws and regulation policy updates, industrial standards and market trends to the benefit of both countries.

They will also organize trade and investment related delegations to both countries, Identifying and deliver solutions to challenges faced by Japanese companies or businesses in Ghana and vice versa.

Speaking at the launch and inaugural meeting of the Committee today, the Chief Executive Officer of GIPC, Yofi Grant said Ghana in the past few years was repositioning itself  to be the most attractive business environment in Africa as well as the hub for a lot of the activities that would  take place on the continent both  at the investment level, the trade level, and the industrial level.

For this reason, he said, it was important for Ghana to have a stable debt management and significant reforms that “will enable us achieve our objectives”.

In addition, he said the setup of the committee would help to further strengthen the partnerships in Ghana’s development agenda by bringing Japanese capital into the Ghanaian market as investments to develop the economy.

“Aside the foreign direct investments, we can also play on our regionalization strategy and be a hub for a lot of the activities that will take place on the continent both at the investment level, the trade level, and the industrial level”, he said.

For his part, the Japanese Ambassador to Ghana, Mr. Himeno Tsutomu said the Japanese business community was increasingly looking to do business in Africa and Ghana was the destination of choice saying “It is important to for us to attract and encourage more Japanese companies to come to Ghana and contribute to the development of this country through investment and partnerships”.

SOURCE: GIPC

 

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