Ghana Investment Promotion Centre Act, 2013 (No. 865). Country/Territory Ghana Document type Legislation Date 2013 Source FAO, FAOLEX Long titleAn Act to provide for the Ghana Investment Promotion Centre as the agency of Government responsible for the encouragement and promotion of investments in Ghana, to 'provide for the creation of an attractive incentive framework and a transparent, predictable and facilitating environment for investments in Ghana and for related matters. Subject Agricultural & rural development, General Keyword Framework law Institution Agricultural development Business/industry/corporations Geographical area Africa, North Atlantic, Western Africa Abstract This Act provides for the establishment of the Ghana Investment Promotion Centre as a corporate body. The objectives of the Centre are: The object of the Centre is to (a) create an enhanced, transparent and responsive environment for investment and the development of the Ghanaian economy through investment; and (b) encourage, promote and facilitate investment in the country. The Centre shall, among other things- (a) formulate investment promotion policies and plans, promotional incentives and marketing strategies to attract foreign and local investments in advanced technology industries and skill-intensive services which enjoy good export market prospects; (b) initiate and support measures that will enhance the investment climate in Ghana for both Ghanaian and non-Ghanaian enterprises; (c) register, monitor and keep records of all enterprises in Ghana. An enterprise in which foreign participation is permitted under this Act shall after its incorporation or registration and before commencement of operations be registered with the Centre. Activities reserved for Ghanaians and Ghanaian owned enterprises include the production, supply and retail of sachet water and the sale of goods or provision of services in a market, petty trading or hawking. Full text English