The Ghana Investment Promotion Centre (GIPC) is confident that its ongoing legislative reforms will effectively address barriers that hinder foreign investor confidence.

GIPC has identified challenges in obtaining necessary documentation from the Customs Division of the Ghana Revenue Authority (GRA) and highlighted inadequate collaboration among government and customs officials as concerns for foreign businesses, impacting their operations in the country.

The Deputy Chief Executive Officer of GIPC, Yaw Amoateng Afriyie, during his opening remarks at a stakeholder forum on customs controls and regulations, underscored the Centre’s efforts in tackling the challenges that affect the growth of foreign businesses in the country.

“We also believe that the efforts being put in by customs including the digital customs and e-commerce platform will be hopefully enablers for this business community. For us at GIPC, we are in a place where we have to reform and our reforming with the current efforts being made to address some of the more dogmatic elements within our current legislation.”

“We are not doing so because it is easy, we are doing it because it is necessary, especially against the local and global backdrop which is impeding capital from our part of the world. We also understand that GIPC as the foremost agency, leading on the investment and business case for Ghana, must charge the right course and the right course by ensuring that we continuously remove some of the bottlenecks that impede doing business and impede capital from our world.”