Green Olive Royal Company Ghana Ltd

News and Information items from
GORC Ghana Ltd and our working partners.
News
NEWS
Sector
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Please take a close look at the centers of activity below in which the GORC Ghana Ltd can assist you. We are mainly looking Export goods out of Ghana and at the same time bring in Investors, Thus allowing the Ghanaian economy to grow.
Breakdown List |
Agric & Agribusiness |
Crop and livestock Production, Aquaculture, Barn and Silo Storage Facility Operators, Agro-processing etc. |
Financial Services |
Financial Institutions, Banks, Non-Bank Financial Institutions, Leasing Companies, Insurance Companies, Brokerages and Asset Management Services etc. |
Information and Telecommunication Technology (ICT) |
Internet Service Providers, Mobile and Fixed Line Telephone Service Providers, Software Developers, Network Communication Providers, Security System Designers, Electronic Card designers etc. |
Services |
Accounting and Audit, Consulting, Legal, Transportation, Wholesale and Retail trade, Security Services, Shipping, Health, Architectural and Engineering, Printing and Publishing, Marketing Research, General Service Providers etc. |
Infrastructure |
Transport Businesses, Real Estate Operators, Building and Construction, Utilities etc. |
Petroleum & Mining Services |
Mining and Petroleum Companies and all service companies to these industries e.g. Contract Mining, Drilling, Geophysical and Geotechnical companies, Assay Laboratories and Refineries etc. |
Manufacturing |
Assembling, Fabrication/Pre-fabrication, Processing, also includes transformation of intermediary products into consumer items etc. |
Tourism |
Hotels, Restaurants, Amusement Parks, Travel and Tour Businesses , Car Hire Services etc. |
Health |
Hospitals and Clinics, Pharmaceuticals and Medical service providers etc. |
Education |
Primary, Secondary and Tertiary Institutions, Training institutions both private and public etc.
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Ghana Investment Promotionj Council (GIPC)
The Centre’s investment promotion activities continue to yield positive results as reflected in its performance for the 2nd quarter of 2011.
REGISTERED PROJECTS
During the period under review 127 new projects were registered; an increase of 20.95% compared to 109 registered projects in the corresponding quarter of 2010.The total estimated value of the registered projects for the quarter was GH¢900.45 million (US$600.30 million).
INITIAL CAPITAL TRANSFERRED
The total initial capital transfers for the newly registered projects during the quarter amounted to GH¢145.55 million (US$97.03 million). This gives an exponential increase of over 506% compared to GH¢24.02 million (US$16.01 million) recorded for the corresponding quarter in 2010. The FDI component of the estimated value of the projects registered for the quarter was GH¢828.44 million (US$552.29 million), representing 92% of the total estimated value. The local currency component also amounted to GH¢72.01 million (US$48 million), representing 8% of the total estimated value for the quarter.
EXPECTED JOBS TO BE CREATED
The total number of jobs expected to be created for Ghanaians from the projects registered in the second quarter of 2011 amounted to 6,673. These projects are also expected to create 735 jobs for expatriates.
HALF YEAR BRIEF
For the first half of 2011 a total of 236 projects were registered; an increase of 10.80% compared to 213 registered projects in the corresponding period of 2010.
The total estimated value of registered projects for the first half of 2011 was GH?1.47 billion (US$978.74 million); an increase of 15.03% compared to the corresponding period of 2010. The total initial capital transfers for the registered projects during this half year of 2011 amounted to GH¢248.90 million (US$165.93 million); a significant increase of 120.77% compared to the corresponding period of 2010.
The FDI component of the estimated value of registered projects amounted to GH¢1.36 billion (US$904.04 million); an increase of 18.85% compared to the FDI component in the same period of 2010. The local currency component amounted to GH¢112.03 million (US$74.68 million). The total number of jobs expected to be created from registered projects amounted to 14,412.