The Gambia Investment & Export Promotion Agency (GIEPA) continues to experience remarkable strides in attracting investment into destination Gambia.
Over the past five years, the promotional agency has experienced a net investment portfolio of one hundred and fifty-four million dollars (US$154) and created over two thousand two hundred and seventy-four jobs (2,274).
The investment was injected by thirty-nine (39) companies in manufacturing, agriculture, tourism, and fisheries, amongst other areas of productive returns to the Gambian economy.
As per its strategic vision, the agency will be aided with an entrepreneurship development fund this year to help cottage industries and businesses thrive with a soft revolving loan scheme.
This additional but new initiative is hatched by the Trade Ministry. In the coming years, will see GIEPA serve as secretariat to a trust committee already formed to manage the scheme. The development is amongst the many other initiatives GIEPA is working on to promote and create more investment opportunities for the country’s teeming entrepreneur ecosystem.
President Barrow, in his 2022 State opening of parliament, reaffirms his government’s commitment to helping GIEPA create more investment opportunities for job creation for Gambians.