Transcript LOCATION OF GHANA - Diversity Restoration Solutions
• Ghana – The Gateway to West Africa
Ghana
Strategic Location
Located at the centre of the world above the intersection of the Equator and the Greenwich Meridian
Strategic and central location for Sub regional and international trade and commerce
Access to a market of 260 million in sub-region
3 million diasporans with over 4 billion dollars remittances
Daily flights to U.S. - Delta Airlines
Access to AGOA and MCA benefits and opportunities
Basic Information
Land area: 230,020 km2 About the size of Oregon State Beautiful Coastline of 537km, Climate:- Relatively warm throughout the year Never had a civil war nor famine Friendliest people in Africa and very peaceful Well Educated yet eager to learn
Good Governance
First sub-Saharan African country to gain independence Political Stability and Multiparty Democracy 60 years of advocating for rule of law, free enterprise and democracy First country to subject itself to African Peer Review Mechanism of NEPAD Highest number of votes (183 out 191) to be elected as member of the U.N Human Rights Council Highest amount of MCA Compact and Total Debt Relieve due to good governance
Economic Indicators
Population: 22 million (2005 estimates) Macroeconomic Stability Interest Rate Down to 15% from 45% Inflation 10.5% moving to single digit B+ Credit rating with A+ outlook Availability of Stock Exchange and International Banks Stable currency Per Capita Income of $600 GDP Growth Rate 6.2% in 2006 and 7% in 2007
Attractive Incentives for Investors
• • • Import Duty Exemption for agricultural and industrial plant, machinery and equipment Exemptions
may
also be granted for any special equipment that is not zero-rated Tax Holiday (from start of operations) • Real Estate – 5 years • Rural Banks –10 years • Primary Agriculture – 5-10 years • Agro-processing – 5 years (with rebates thereafter) • Waste Processing (including plastics) – 7 years • Free Zone Enterprises – 10 years and 8% thereafter
Government Facilitation
Land Banks
Tax Holidays
Availability of factory buildings and serviced plots at the Tema Export Processing Zone
Investment Opportunities
Real Estate Development and Tourism Infrastructure : Energy, Roads, Ports & Habour ICT and Outsourcing Agro-Processing & Agri Business Mining Education Portfolio Investments Leasing – GSE
TYPES OF INVESTMENTS AND COMMERCIAL ARRANGEMENTS
• • • • • • • • • Full Ownership Joint Venture Private Equity Portfolio Investment Technology Licensing Franchising Sales and Distribution Collaborative Arrangement Agency, Representation/Liaison Offices
Non-Banking Financial Institutions
• • • • • Venture Capital Insurance/Re-insurance Discount houses Leasing Insurance Brokerage
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GENERAL MANUFACTURING
• • • • • • • • • Garments and Textiles for Export –AGOA and EU Electrical and Electronic Components Assembly Aluminium Based Products Jewellery • fine and custom jewellery and accessories Pharmaceuticals Vehicle Assembly and Parts Manufacturing Capital Goods Manufacturing- (Agro-processing equipment, packaging equipment, machine tools, components and spare parts) Processed Wood Products for Exports Medical Supplies –Gloves, Bandages, Syringes etc
Real Estate & Tourism
Commercial – shopping centers, malls, office accommodation Industrial – light industrial parks, ware housing facilities Education – students hostel Tourism – hotels, guest houses, lodges, national parks, beach, lakes, tourist resorts, car rentals, adventure and eco-tour packages, Modern Convention/Event facilities
Energy
• • • • • • ENERGY SECTOR • Petroleum and Gas Exploration • Oil Refinery • • Bulk Storage and Distribution of Oil Thermal Plants • • Solar Energy West African Gas Pipeline • Construction and Operation of Secondary Gas Pipeline • Independent Power Producers (IPPs Electrical Maintenance of Distribution Network Serviced Agriculture Estates Irrigation & Storage Factories ……Equipment for leasing …..Agriculture Produce
Infrastructure
Roads:-
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Mass transportation, scheduled bus system, rail upgrades and passengers rail transport on chosen corridors Lake Transport system: Exports to and from landlocked neighbors of Burkina Faso, Mali and Niger
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Air Transport:- Operators for domestic and sub-regional
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Upgrading of existing roads under the BOT (Build, Operate Transfer) BLT (Build, Lease, Transfer) BOO (Build, Operate, Own)
Information & Communication Technology
• • • Business Process Out Sourcing Information Technology Park & Incubators Telecom • Wireless • Fixed • Rural Telephony • Fibre Optics and National Backbone Infrastructure • E-Government Data Centre • Privatisation of National Telecom Companies
Agro Processing & Agribusiness
• • • • • • Oils and fats • Palm, Soya bean and Groundnuts Oils and Shea butter Fruits, Vegetables, Cereals and Spices Cocoa Products Industrial Starch Floriculture Seafood Processing and Aquaculture • 550 km of coastline and 8,520 sq.km of water surface area
Agro Processing & Agribusiness
• Serviced Agriculture Estates • Irrigation and storage factories • Marketing Agricultural Produce
Small Manufacturing
Car Parts such as brake pads, shocks Medical supplies – gloves, syringes Jewellery – Gold processing and refinery
Mining
Gold Bauxite Diamond Refinery Value Addition Jellewery
Education
Training of Nurses for International Market • Training of ICT Experts for outsourcing • Technical and vocational training in Finance, Health and Hospitality Services
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How to set up a Business Enterprise
One Stop Shop The Chief Executive Ghana Investment Promotion Centre (GIPC) P. O. Box 193, Accra Ghana Tel. No.: +233-21-665125-9 email.: [email protected]
website : www.gipc.org.gh
• • Duration within 72 hours Requirements - Confirmation of bank transfer of equity with Bank of Ghana - Immigration Quota from Immigration department through GIPC - Registration with IRS, VAT, TAX, EPA
OIL DISCOVERED IN GHANA!!
GHANA HAS DISCOVERED OIL IN COMMERCIAL QUANTITIES AND THEREFORE WELCOMES INVESTORS IN THE FIELD OF EXPLORATION, REFINERY AND PETRO CHEMICAL TO TAKE ADVANTAGE TO INVEST IN THE COUNTRY
For a great return on your money, invest in Ghana
•GOVERNMENT WILL SUPPORT YOU!
GHANA
A country Rich in Culture & with Great Business Opportunities !
This is a Presentation of the Trade & Investment Dept. of the Embassy of Ghana
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Use by permission only