Roots investment forum ends

Monday, June 2, 2008
As part of series of activities marking the 9th edition of the International festival,The Gambia Investment Promotion and Free Zones Agency (GIPFZA), in collaboration with the Gambia Chamber of Commerce and Industry (GCCI), the Gambia Tourism Authority (GTA), the National Centre for Arts and Culture (NCAC) and the Department of State for Tourism and Culture, on Saturday May 31st, organised a one day roots investment forum at a ceremony held  in the conference hall of paradise Suites Hotel in Kololi.

The forum was attended by Officials from both the public and private sectors, participants to the 9th edition of the International roots festival from the diaspora including the United Kindom (UK),USA,Jamaica,Europe and other African countries, inclusive of Senegal,Nigeria, among others.

The forum was meant to bridge the gap between Gambians and African descendants in the diaspora by bringing them under one  roof to discuss and explore areas of common interest and the way forward, for development of Africa, especially through investment in the country’s economy.

GIPFZA, GTA  and GCCI,the investment power houses of the Gambian economy, seized the opportunity  and enticed the partipants to  invest in  the Gambian economy through presentation of diffrent papers touching on operations  of their individual institutions.

Mrs Fatou Mbenga Jallow, Director of investment promotion and Marketing at GIPFZA, said her institution came into being through an Act of the National Assembly in 2001. Added that GIPFZA is mandated to promote investment in the Gambia. The investment Director spoke at length on the operations of GIPFZA, saying all the sectors of The Gambian economy are open for investment.

Mrs Beatrice Allen,Director of Trade and Investment promotion at the Gambia Chamber of Commerce and Industry (GCCI),gave a brief historical background of her institution which she said was established in 1967. Mrs Allen noted that,GCCI is an efficient and reliable membership organisation that provides quality services and timely  information to its members,and actively participates in the socio-economic development of the country.

Momodou S. Jobe,Director of product development and Investment at the Gambia Tourism Authority (GTA), also spoke at length on the operations of the tourism authority  which he said came into being by an act of the National Assembly in 2001.

The GTA  he said, is mandated to promote tourism and related tourist development in the Gambia.

The forum was puntuated by a question  and answer session all bordering on ways and means of investing in the Gambian economy as well as the wayforward for development of the Gambia,the subregion of west Africa and the continent of Africa as a whole.






Author: By Sanna Jawara