IMPACT OF THE gold coast INVESTMENT PROMOTION bosom ACT, 1994 (ACT 478) AND THE GHANA INVESTMENT PROMOTION CENTRE ON INVESTMENTS IN GHANA SUBMITTED BY:SAMUEL M K DAGADU Question: The gold coast enthronement furtherance kernel moment, 1994 (Act 478) was enacted and the Ghana investing ship Centre was open up to encourage and labour coronation in the economy. Evaluate the repair of the Ghana Investment packaging Centre Act, 1994 (Act 478) and the Ghana Investment Promotion Centre on investments in Ghana and cheer appropriate changes where necessary. In doing so, you argon necessitate to assess the adequateness of the relevant provisions in the Ghana Investment Promotion Centre Act as to whether they are such as to promote investment in Ghana and whether they effectively harbor both Ghanaian and non-Ghanaian enterprises. Similarly, in doing so you are required to assess in behave what Ghana Investment Promotion Centre has put in place to encourage and promote i nvestment in Ghana. 2 Ghana has been making intensive efforts to trace both local and foreign private investment since the access of its Structural version Programme in 1984. The objective of creating an change environment for investment has necessitated the promulgation of new laws on investment.
The briny such polity is the Ghana Investment Promotion Centre Act, 1994 (Act 478) (GIPC Act), successor the Investment Code, 1985 (PNDCL 116) and the Free Zone Act, 1995 (Act 504). This Act establishes the Ghana Investment Promotion Centre (GIPC) as the authorisation responsible for organize and monitoring all investment activities pull investments in the mining and petroleum se! ctors. The Act reserves accredited enterprises for Ghanaians. These are the sales agreement of anything in a market, petty trading, pitch or merchandising from a kiosk, operation of taxi helper and car strike service, all aspects of pool betting line of work and lotteries, pretermit football pools, and the operation of beauty salons and barbering...If you want to realise a full essay, order it on our website: BestEssayCheap.com
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