Ghana Receives US$2.7 Billion Foreign Direct Investment In 2

Ghana Receives US$2.7 Billion Foreign Direct Investment In 2020


 
Ghana received a total of 279 Foreign Direct Investment (FDI) projects valued at US$2.7 billion in 2020 despite the COVID-19 pandemic.
The projects will go into areas such as manufacturing, services, building and construction, agriculture, mining, petroleum and export trading and expected to generate 27,110 jobs nationwide.
According to the Ghana Investment Promotion Centre (GIPC) that facilitated the investment drive, a total value of US$2.65 billion of those projects were foreign investments while US$145 million were domestic.
Information Minister Kojo Oppong Nkrumah announced this during the Minister's media briefing in Accra on Sunday.
The Minister noted that last year's FDI saw about 140 percent increase in investment over 2019 because of sound monetary and fiscal policies and expansion of the country's economic space.

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