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The Act establishes the Ghana Investment Promotion Centre, formed to “encourage, promote and facilitate investment in the country” by creating a transparent and cohesive environment for investment (section 3). Strategies to achieve this aim include: the creation of investment promotion policies and activities, research about investment opportunities and maintenance records of all enterprises in Ghana (section 4).
The Centre will monitor registered companies; if an enterprise fails to register with the Centre or conducts activities which it is not qualified for, it has committed an offence and is subject to a penalty (sections 40-41). The Centre is mainly government funded and the Board may work with the Minister to make regulations (section 42) that aide the efficient implementation of the Act.