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    Home » IOMP a bold step to correct investment imbalance – Julius Debrah
    Economy and Finance

    IOMP a bold step to correct investment imbalance – Julius Debrah

    Adnan AdamsBy Adnan AdamsJuly 16, 2025No Comments3 Views
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    The government has launched the Investment Opportunity Mapping Project (IOMP), a national initiative aimed at identifying and promoting viable investment opportunities across all 261 districts in Ghana.

    The government says the project is expected to complement flagship government programmes such as the 24-Hour Economy, the Big Push Infrastructure Programme, and the Agriculture for Economic Transformation Agenda.

    Led by the Ghana Investment Promotion Centre (GIPC) in collaboration with the Ministry of Trade, Agribusiness and Industry and the Ghana Export Promotion Authority (GEPA), the project is set to decentralize economic development and attract investment beyond urban centers.

    Speaking at the official launch, the Chief of Staff, Julius Debrah described the IOMP as a “bold and strategic” step toward addressing the imbalance in investment inflows, 76% of which currently go to Greater Accra.

    The initiative, according to the government, will provide a data-driven roadmap to guide both local and foreign investors to unlock economic potential in sectors such as agriculture, manufacturing, tourism, healthcare, and renewable energy.

    The move follows a decline in Foreign Direct Investment (FDI) from US$2.6 billion in 2020 to US$1.7 billion in 2024, as reported by UNCTAD’s 2025 World Investment Report.

    The Chief of Staff noted that the IOMP is not only about attracting foreign capital but also about empowering local investors and entrepreneurs with credible data and institutional backing.

    Regional ministers and MMDCEs have been urged to take ownership of the process by working closely with GIPC and participating in upcoming Regional Investment Roadshows.

    The Chief of Staff Julius Debrah reaffirmed the full commitment of the Office of the President to the success of the initiative, describing the IOMP as a blueprint for balanced, inclusive, and regionally grounded economic growth.

    24-hour economy Julius Debrah
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