The Ghana Investment Promotion Centre (GIPC) hosted a South Korean business delegation as the two countries seek to deepen trade and investment ties, with officials pitching regulatory reforms and large-scale economic programmes to attract foreign capital.
The delegation attended a Ghana–Korea Business Forum in Accra, where the chief executive officer of the GIPC, Simon Madjie, said the country is open to new investment and is prioritising growth areas including the government’s proposed 24-Hour Economy and the Big Push infrastructure agenda. He said recent regulatory reforms have improved predictability and consistency for investors.
Members of parliament at the forum echoed the message. Othniel Ekow Kwainoe, MP for Ekumfi, and Alexander Roosevelt Hottordze, who chairs Parliament’s Trade, Industry and Tourism Committee, said Ghana is ready for private-sector participation and described the timing of the Korean delegation’s visit as critical. Both lawmakers expressed confidence that economic cooperation between Accra and Seoul would deepen.
Leading the delegation, Mr Choi said Ghana and Korea already share strong relations but urged both sides to move toward more practical and sustainable cooperation. He pointed to education and skills development as priority areas for bilateral collaboration, arguing that human capital would underpin long-term commercial partnerships.
The head of investment promotion and business development at GIPC, Kwame Kesse-Agyepong, presented Ghana as a gateway market, citing its strategic location, expanding middle-income population and skilled labour force. He highlighted investment opportunities in infrastructure, agriculture and tourism, sectors the government considers central to growth and job creation.
The forum also featured presentations from the Ghana Free Zones Authority, followed by a question-and-answer session and business-to-business meetings that allowed Ghanaian and Korean firms to explore partnerships.
Ghana has been courting Asian investors as it looks to diversify sources of foreign direct investment and accelerate industrialisation, while Korea has increasingly focused on Africa as a destination for manufacturing, infrastructure and skills-based cooperation.
