The Minister of Trade, Industry, Regional Integration and Employment, Hon. Baboucarr Ousmaila Joof, on Wednesday inaugurated The Gambia Investment & Export Promotion Agency’s (GIEPA) new board of directors. The ceremony was held at the ministry’s conference room in Banjul.
In his inaugural speech, Minister Joof thanked His Excellency the President of the Republic, Mr. Adama Barrow for considering the appointment of these key ex officio members to work with their technical team to support GIEPA and take it to the next level.
He informed the new board that GIEPA’s mandate is to promote export and investment, encourage entrepreneurship and enterprise developments, thus, he expressed believe that these areas are important for employment generation and wealth creation and it is therefore important for the Board to pay attention to them to create more opportunities for young folks and our enterprising women.
“Considering the high trade deficit, it is important that we work together to promote investment in the productive sectors of our economy to increase exports levels as that would narrow the gap in deficit,” he noted.
He Abdou Touray, the new board chairman thanked President Barrow through the Trade Minister while assuring the Minister that the board and management are committed to make GIEPA a unique one stop-shop body that assist investment and enterprise development and become among the best investment and promotion agencies not only in the sub-region but in the whole of Africa. “We as a board have the commitment, passion and humility in the GIEPA act and the strategic plan,” he said.