The Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with Malta Enterprise, Malta’s economic development agency, tasked with attracting new foreign direct investment as well as facilitating the growth of existing operations.
The MoU empowers both parties to set up a strategic think-tank composed of officers from both agencies and partnered stakeholders who will devise a three-year strategy covering areas of mutual interest.
The Chief Executive Officer of GIPC, Mr Yofi Grant signed on behalf of GIPC while Mr Micheal Grech, the Director of Malta Enterprise signed on behalf of his agency.
Under the MoU, GIPC and Malta Enterprise will collaborate in setting up information-sharing mechanisms by regularly exchanging information on economic and trade updates, laws and regulations, policy measures, industrial standards and trends, market analysis reports, exhibitions and forums, trade leads as well as investment projects in Ghana and Malta.
Both parties have agreed to co-host various events including economic and trade policy dialogues between government agencies and business delegations in both countries among others.