The Ghana Investment Promotion Centre (GIPC) has signed a landmark Memorandum of Understanding with the China–Africa Economic and Trade Promotion Council
(CAETP). This agreement officially establishes the China–Ghana Economic and Cooperation Project Programme.
The partnership creates a structured platform to fast-track investment between Chinese enterprises and Ghanaian stakeholders. It aims to accelerate "bankable" projects that align with the nation’s long-term growth.
The signing took place in Changsha during the inauguration of the GIPC China Liaison Office. This new office will serve as a permanent bridge for trade and swift coordination between both countries.
The Powerhouse Delegation
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Leadership: The mission was led by the 24-Hour Economy Secretariat (24H+) and coordinated by Presidential Advisor Augustus Tanoh.
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Key Agencies: Participants included the Ministry of Finance, GEPA, GIIF, and the National Development Planning Commission.
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Project Focus: The mission pitched 14 high-value projects worth approximately $3.3 billion across multiple sectors.
Supercharging the 24-Hour Economy
This mission follows President John Dramani Mahama’s visit to China last year. The goal is to convert high-level diplomacy into concrete industrial hubs and jobs.
A major highlight was the focus on the Volta Economic Corridor (VEC). Investors were given detailed blueprints for agro-ecological parks and off-grid renewable energy systems designed for 24-hour operation.
GIPC CEO Simon Madjie emphasized that Ghana is now "investor-ready." He highlighted new policy frameworks and "ease-of-doing-business" reforms intended to lower transaction costs for foreign partners.
Learning from the Chinese Model
The delegation also engaged in a study tour to evaluate China’s success in integrating state sectors with small businesses. They explored advanced technologies such as:
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Affordable Irrigation: Systems to boost year-round farming.
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AI-Agroecology: Modernizing the agricultural value chain.
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Renewable Energy: Scaling off-grid power to support round-the-clock production.
The Bottom Line
Ghana has deepened its economic ties with China through a new $3.3 billion project portfolio and a permanent trade office in Changsha to drive the President's 24-hour industrial agenda.
