{"id":220041,"date":"2016-06-06T07:25:11","date_gmt":"2016-06-06T07:25:11","guid":{"rendered":"http:\/\/citifmonline.com\/?p=220041"},"modified":"2016-06-06T07:25:11","modified_gmt":"2016-06-06T07:25:11","slug":"over-2000-jobs-to-be-created-soon-gipc","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/06\/over-2000-jobs-to-be-created-soon-gipc\/","title":{"rendered":"Over 2,000 jobs to be created soon \u2013 GIPC"},"content":{"rendered":"<p>The Ghana Investment Promotion Centre (GIPC) has attracted 39 newly registered investment projects into the country at an estimated value of $249.49 million between January to March in the first quarter of 2016.<\/p>\n<p>The investments are expected to create a total of 2,489 jobs.<\/p>\n<p>The results of the quarter investment showed a significant increase as compared to 2015 of over 200% in the local component of total estimated value of registered projects.<\/p>\n<p>[contextly_sidebar id=&#8221;L4TxipeTkLOex8GmW1lReMneoM9vXd63&#8243;]The Foreign Direct Investment (FDI) component of the estimated value was $157.57 million while the local component amounts to $91.92 million.<\/p>\n<p>Thirty of the newly registered projects representing 76.92% were wholly foreign owed enterprises valued at US$163.61 million and constitute 65.58% of total value of the first quarter registered entities.<\/p>\n<p>The remaining nine (9) new companies constituting 23.08% were joint ventures between Ghanaians and their foreign partners valued at $85.88 million which is 34.42% of the total estimated value of registered new projects.<\/p>\n<p>A total of 12 investments were made in the services sector at an estimated percentage value of 60.36%, building and construction at an estimated value of 25.84%, manufacturing at 5.98% and general trading valued at 4.63%.<\/p>\n<p>The rest of the quarter\u2019s investment includes liaison which estimated at a value of 2.5%, agriculture at a percentage value of 0.04% and tourism at an estimated valued at 0.24%.<\/p>\n<p>A total of 188 projects were renewed in a quarter under review representing an increase of 11.40% compared with an initial investment value of $363.33 million.<\/p>\n<p>&#8211;<\/p>\n<p>Source: Business Day<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ghana Investment Promotion Centre (GIPC) has attracted 39 newly registered investment projects into the country at an estimated value of $249.49 million between January to March in the first quarter of 2016. The investments are expected to create a total of 2,489 jobs. The results of the quarter investment showed a significant increase as [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":220042,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,11],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Over 2,000 jobs to be created soon \u2013 GIPC - Citi 97.3 FM - Relevant Radio. 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