The Ghana Investment Promotion Centre (GIPC) has reinforced its partnership with the International Labour Organization (ILO) to support the principles of the ILO Multinational Enterprises (MNE) Declaration under the new government.
The centre pushed for responsible business conduct and bilateral cooperation as Ghana repositions itself for global investment.
“In a recent meeting with ILO Country Director Dr. Vanessa Phala, the Centre’s CEO, Simon Madjie, reaffirmed the Centre’s commitment to engaging with MNEs to uphold the principles of the Declaration”
Ghana Investment Promotion Centre
This is part of the centre intensifying its efforts to promote responsible business practices and attract foreign investment into the country.
As part of this renewed commitment, GIPC Chief Executive Officer (CEO) Simon Madjie and ILO Country Director Dr, Vanessa Phala discussed strategic engagement with multinational enterprises (MNEs) and initiatives to raise awareness of standard business conduct.
The ILO MNE Declaration, which guides “business behaviour through tripartite dialogue” among governments, employers, and workers, has gained renewed attention as Ghana seeks to align its business environment with global standards.
Madjie outlined previous actions undertaken by the Centre, including a “stakeholder breakfast” session that brought together representatives from various sectors to engage in dialogue around “responsible investment and employment practices.”
He further disclosed plans to build internal capacity at the GIPC through staff training programmes that would equip them to effectively advocate for and enforce the principles of decent work among foreign investors operating in Ghana.
GIPC’s Proactive Engagement
Dr. Vanessa Phala lauded the Centre’s proactive approach in “disseminating information about the ILO MNE principles” into Ghana’s investment landscape.
“The ILO Country Director also noted ongoing initiatives to ensure decent work within the garments and shea industries”
Ghana Investment Promotion Centre
She described the focus on these sectors as critical to employment creation and social protection for vulnerable groups, particularly women.
Her remarks come as Ghana continues to position itself as a responsible investment destination in line with global development goals and under the guiding economic vision of the current administration.
Engagement With Turkish Envoy
In a related development, the Turkish Ambassador to Ghana, H.E. Hüseyin Güngör, paid a courtesy visit to GIPC Chief Executive Simon Madjie to explore areas of collaboration that would deepen trade and investment relations between the two countries.
“During the meeting, H.E. Güngör affirmed the embassy’s readiness to collaborate with the Centre on knowledge sharing and human capital development, aimed at equipping staff with global best practices in investment promotion”
Ghana Investment Promotion Centre
The ambassador also expressed strong interest in facilitating new channels of engagement between Turkish and Ghanaian businesses to improve “bilateral investment flows.”
His visit underscored growing confidence in Ghana’s economy, especially as the government embarks on regulatory and tax reforms designed to create a more investor-friendly environment.
Mr. Madjie used the occasion to outline Ghana’s current investment strategy, which he said is focused on legal reform, strategic promotion, and international partnerships.
He stressed the Centre’s focus on improving investment “facilitation processes, simplifying investor onboarding,” and aligning national frameworks with international best practices.
“Mr. Madjie, for his part, outlined key strategies to attract investment into Ghana, including ongoing reviews of investment legislation, tax reforms, and the Centre’s aggressive ‘Open for Business’ campaign”
Ghana Investment Promotion Centre
He assured Ambassador Güngör of GIPC’s full commitment to driving mutually beneficial investment between Ghana and Turkey.
He added that the Centre stands ready to provide Turkish businesses with the support they need to explore opportunities in the country’s expanding sectors, including manufacturing, agribusiness, infrastructure, and energy.
The Centre’s intensified international engagement reflects a broader trend to reposition Ghana as a competitive, transparent, and socially responsible destination for global capital.
With the ILO partnership offering a framework for ethical business and the Turkish collaboration providing a new frontier for economic cooperation, the GIPC is rapidly becoming a central actor to expand job creation and accelerate inclusive growth through investment.
