May 16, 2012, 2:15 PM
As part of
their mandate to promote investment in The Gambia, The Gambia Investments
Promotion and Free Zones Agency, (GIPFZA) on Saturday 31st May hosted an
investment forum as part of the 9th Edition of the International Roots Festival
at the Paradise Suites Hotel in
The forum offered a window of opportunity to widen their scope of understanding on investment promotion and operating with free zones agencies and partners in achieving their investment objectives in the Gambian context.
also witnessed the convergence of guests from
In her presentation on the investment opportunities in The Gambia, the Director of the investment promotion and marketing at the GIPFZA office, Madam Fatou Mbenga Jallow, revealed that GIPFZA is aimed at promoting investment and fostering local and foreign direct investment, adding that it also performs policy advocacy for GIPFZA services. Mrs. Mbenga Jallow said they offered administration and management of free zones and Business partners, administration of incentives as well as project proposal guidance. According to her, GIPFZA's priority areas for investment are agriculture, fisheries, tourism, manufacturing, information and communication technology, river and air transport, health and veterinary services and skills development. In relation to why The Gambia is attractive for investors Mrs. Mbenga Jallow said it's due to our liberal market economy, easy way of doing business, infrastructure, efficient seaport and Air facilities as well as attractive investment promotion incentives.
For her part, The Director of Trade and Investment Promotion at The Gambia Chamber of Commerce and Industry spoke on the roles and activities of GCCI. Mrs. Beatrice Allen said that GCCI was established in 1967 with the mission of working for the private sector. She underscored the importance of GCCI noting that it engaged Government in all policies affecting the private sector and organised Trade and investment missions abroad and The Gambia.
Director of product Development and investment at The Gambia Tourism Authority
GTU, Mr. Modou S. Jobe, said the advantages tourists enjoy are