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Home»Business»MIE Group Targets Bigger Investment Deals as 7th GITW Week Opens in Accra
Business

MIE Group Targets Bigger Investment Deals as 7th GITW Week Opens in Accra

By newsfileghJuly 7, 20264 Mins Read
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Organisers of the Ghana Investment and Trade Week (GITW) MIE Events have reaffirmed their commitment to using the annual investment platform to attract foreign direct investment, promote industrial partnerships and position Ghana as the preferred gateway to West Africa for global businesses.

The 7th edition of the Ghana Investment and Trade Week officially opened on Tuesday, July 7 at the Palms Convention Centre in Accra, with the MIE Group Chairman, David Wang, highlighting the progress made through previous editions and expressing optimism that this year’s summit will deliver more investment opportunities, business partnerships and industrial projects for Ghana.

Speaking to journalists after the opening ceremony, Mr. Wang said the previous six editions of the summit had successfully connected Ghanaian businesses with investors and traders from countries including China, India, Türkiye and Italy, resulting in several manufacturing initiatives being established or currently being developed in Ghana.

He said MIE Group’s decade-long engagement with Ghana has strengthened its confidence in the country’s potential as an investment destination, particularly because of its political stability, security and strategic location as a gateway to the West African market.

“This platform creates an opportunity for international investors to connect with Ghanaian businesses and explore partnerships that can lead to manufacturing, trade and job creation,” Mr. Wang said, adding that the long-term objective is to encourage more companies to establish operations in Ghana rather than simply trade from outside the country.

Mr. Wang explained that this year’s edition has been designed with a stronger focus on renewable energy, construction and green technologies, particularly solar power solutions, in response to global efforts towards sustainable development and Ghana’s own push for a green economy.

He noted that the 2026 summit has attracted more than 100 speakers, over 300 international delegates, exhibitors from more than 10 countries and thousands of planned business engagements. According to him, the event has also attracted participation from countries including China, India, Türkiye, Italy, Libya, Rwanda and others.

Vice President of MIE Group and the Ghana Investment and Trade Week Summit Uur Ahmed said the summit was established to encourage foreign direct investment into Ghana while supporting the country’s broader economic transformation agenda, particularly the government’s 24-Hour Economy initiative.

He explained that the summit focuses on key sectors that align with Ghana’s growth priorities, including energy, construction, electric mobility, transportation, smart cities and sustainable infrastructure.

According to him, the goal is to expose international companies to investment opportunities in Ghana and encourage partnerships that can lead to the establishment of factories and expansion of industrial capacity.

Mr. Ahmed said Ghana’s position as a trade hub and gateway to West Africa gives it a competitive advantage, adding that MIE Group’s 10 years of experience operating in the country has provided the organisation with a strong understanding of the opportunities available across different sectors.

Beyond the organisers’ objectives, the summit is also highlighting government’s industrialisation strategy, with the 24-Hour Economy and Accelerated Export Development Secretariat outlining plans to transform Ghana into a production-driven economy anchored on renewable energy, manufacturing and value addition.

Delivering the keynote address on behalf of the Presidency, Senior Presidential Advisor and Coordinator of the 24-Hour Economy and Accelerated Export Development Secretariat, Dr. Augustus Goosie Tanoh, said the initiative seeks to move Ghana away from dependence on raw material exports by expanding local production and strengthening industrial competitiveness.

Dr. Tanoh identified affordable and reliable energy as critical to Ghana’s industrial growth, revealing that the Secretariat is co-developing up to 1.5 gigawatts of solar power supported by Battery Energy Storage Systems (BESS), with the first 100-megawatt facility expected to commence construction soon.

Chairing the opening ceremony, the Ga Mantse, King Tackie Teiko Tsuru II, urged investors to take advantage of Ghana’s peaceful environment, political stability and investment potential. He stressed that collaboration between traditional authorities, government and the private sector remains essential in creating sustainable opportunities for economic growth.

Representing the Minister for Trade, Agribusiness and Industry, the Chief Executive Officer of the Ghana Free Zones Authority (GFZA), Dr. Mary Awusi, also reaffirmed government’s commitment to supporting investors through incentives under the Free Zones Scheme, including tax exemptions, duty waivers and access to strategic industrial locations.

The three-day Ghana Investment and Trade Week, organised by MIE Events in collaboration with strategic partners, is being held alongside the Africa Build Show and MEGAWATT Africa. The event features exhibitions, investment fora, business matchmaking sessions and strategic discussions expected to generate partnerships that will support Ghana’s industrialisation and economic transformation agenda.

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