FOREIGN DIRECT INVESTMENTS INFLOWS IN GHANA: IS THERE ANY POLITICAL INFLUENCE IN ITS DISTRIBUTION AMONG THE SECTORS AND REGIONS?
This study examines the availability of political and priority influence within the distribution of FDI registered projects from 2013 to 2017. Descriptive statistics approach which supports the information on FDI collected from the Ghana Investment Promotion Centre between 2013 and 2017, came out that, perceived strongholds of some regions received less or none of the registered projects through foreign direct investment. Moreover, regions such as Upper West and Upper East, which is the political strongholds of the National Democratic Congress (NDC) recorded no registered projects between 2013 and 2017 during the NDC term of governance exhibited less or no political interference in the distribution of the registered projects accumulated through FDI. The study also revealed that; the service sector received much of the FDI projects because of its huge percentage share confer to Ghana’s gross domestic product (GDP). It also suggested that FDI registered projects must not be cantered in Greater Accra alone if the country needs a universal and equal development across the various regions.