The "Ghana Investment Trade Week" (GITW) was launched in Accra yesterday with a call on the government to show stronger political will to the real estate sector as a key driver of economic growth.
Slated for July 22 to 24, 2025, the summit is expected to open up Ghana's construction industry for foreign direct investment opportunities while forging possible strategic partnership and collaborations to boost the sector.
Organised by the MIE GROUP and the Ghana Chamber of Construction Industry (GCCI), the three-day event will attract over 3,500 attendees and 150 international businesses including industry leaders, investors, policymakers, and experts spanning various sectors from key markets such as the Asia, the Middle East and Europe.
Launching the GITW on the theme; "Fostering partnerships for sustainable growth: Bridging trade and real estate investments across continents," Group Chairman of Core Construction Group of Companies, Mr Frank Lartey, said while investment into the sector was critical, firm government policies could not be ruled out for expected growth. •Mr Frank Lartey (fourth from right) with participants after the launch Photo: Seth Osabukle Drawing a comparison between Ghana and other developed countries, Mr Lartey decried challenges in the sector including access to credit, inability of the government to pay contractors on time and inconsistent housing policies resulting in the current deficit of about 1.8 million units. "In Ghana, the central bank's policy for lending to do any business is one year, which they call working capital.
