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Ghana Investment Promotion Centre To Work With Oxford Business Group On New Publication   
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The key role that Ghana’s new offshore Tweneboa, Enyenra and Ntomme (TEN) field looks set to play in helping the country build on an anticipated oil and gas rebound will be given wide-ranging analysis in a forthcoming report by the global publishing firm Oxford Business Group (OBG).

The Report: Ghana 2017 will chart the progress of the $5bn project, which is targeting 80,000 barrels per day (bpd) once operational, rising to 100,000 bpd in 2017.

The publication will also explore signs that Ghana plans to broaden its economic base by sharpening its focus on adding value to commodity exports, especially gold. Other topics earmarked for coverage include the implications of higher-than-expected crop volumes and talk of the possible creation of a national commodity exchange, which would establish an agricultural value chain.

The Ghana Investment Promotion Centre (GIPC), a longstanding partner of OBG, will once again contribute to the Group’s report on the country’s economy. As part of their ongoing collaboration, the GIPC will support OBG in the information-gathering and research process for The Report: Ghana 2017.

Mawuena Trebarh, the GIPC’s CEO, was bullish on Ghana’s long-term outlook, citing the country’s natural resource wealth, vocational education system and stable economy as among its strengths.

“Commodity exports, in particular, provide tremendous potential for growth, while agricultural output remains strong. We also see plenty of opportunities for investment in IT and financial services,” she noted. “I look forward to working with Oxford Business Group’s team and exploring how Ghana plans to leverage these and other advantages.”

Shadeh Olivia Van Esch, OBG’s Country Director in Ghana, said she welcomed the GIPC’s input, which, she added, had long given the Group’s research an edge.

“The year 2016 is proving to be significant for Ghana, with a diversification drive under way and rising oil prices hinting at higher receipts for the country,” she said. “The Ghana Investment Promotion Centre’s efforts to tap new FDI are a key component of the country’s broader plans for long-term economic growth. I’m delighted that our readers will once again benefit from the centre’s take on the areas of the Ghanaian economy ripe for investment.”

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