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GIPC to collaborate with govt to secure tax incentives for private sector 

Joseph Marfo by Joseph Marfo
February 20, 2024
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GIPC to collaborate with govt to secure tax incentives for private sector 
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The Ghana Investment Promotion Centre (GIPC) has pledged to work closely with the government to secure tax incentives for private sector investors looking to invest in the country.

Mr. Yaw Amoateng Afriyie, Deputy Chief Executive Officer of GIPC, emphasized that this decision aligns with the GIPC’s mandate as a government agency established to promote and facilitate investment across all sectors of the economy.

During an interview with Oyerepa News at the grand opening of the Wahu Mobility Electric Bike Factory, Mr. Yaw Amoateng Afriyie reassured Wahu of the GIPC’s unwavering commitment to supporting the sustainability of their investment.

He highlighted that the establishment of the Wahu factory will play a crucial role in Ghana’s transition from fossil fuel vehicles to e-vehicles.

Valeria Labi, the founder and Chief Executive Officer of Wahu, urged the government to implement policies that will attract investors seeking to establish businesses in Ghana.

According to her, the economy of Ghana will make a massive strive if we make a meaningful transition into manufacturing. “Africans must take the initiative of Wahu and leapfrog the rest of the world in electric mobility which is new norm”

She pointed out that Ghana and Africa as a continent are at a standstill due to the way they think about the growth as a continent with the most natural resources. She urged the average African youth to do away with the notion that Africans can not build their own vehicles.

Source: Oyerepafmonline.com/ Bernard K Dadzie

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