President John Dramani Mahama has directed the Attorney General and Finance Minister to present two landmark bills to Parliament while announcing plans for a high-level Singapore business mission to Ghana within 12 months.
Speaking at the Ghana-Singapore Business Forum on the final day of his State Visit to Singapore, President Mahama said he has ordered the presentation of a revised GIPC Bill and a legal framework establishing the 24-Hour Economy Authority.
According to the President, the revised GIPC Act will include Most Favoured Nation Treatment, Fair and Equitable Treatment, and Investment Facilitation measures to make Ghana “one of the most business-friendly destinations on the continent.”
He said the bills are not just legal instruments but “a statement of our commitment to building a dynamic, inclusive and globally competitive economy.”
President Mahama announced that a Ghana-Singapore deal team will target at least $100 million in new investment pipeline commitments within 12 months. The team will be co-led by GIPC Chief Executive Simon Madjie and a senior executive from Enterprise Singapore.
He said the team will include the Ghana Infrastructure Investment Fund, the PPP Unit at the Ministry of Finance, key government agencies, and the Ghana High Commission in Singapore.
The President outlined a 100-day action plan starting with project data sharing within 14 days, technical workshops within 45 days, and site visits to Ghana within 100 days.
He announced that a high-level Ghana-Singapore Business Mission will be held in Accra with visits to key project sites within 12 months. This will include a focused deal summit hosted by GIPC and Enterprise Singapore to finalize agreements and close priority transactions.
President Mahama said he has directed the Foreign Affairs Ministry, Trade Ministry, and GIPC to facilitate a One-Stop Investor Facilitation Desk at the High Commission to handle permits and regulatory clarifications.
He told Singapore investors that Ghana offers market access, a stable reform-oriented environment, and a pipeline of bankable projects in manufacturing, agribusiness, and infrastructure ready for investment with defined risk mitigation and reliable partners.
The President said Ghana is pursuing reforms with predictability by strengthening economic stability and fiscal discipline, modernizing revenue systems, and applying clear frameworks for public-private partnerships and private capital.
Richard Aniagyei, ISD
