Policy Objectives and Strategies The Objectives • To facilitate the mobilization of the requisite financial, technological and other resources required for supporting the implementation of various policy initiatives with resource mobilization implications • To promote and facilitate domestic and foreign private sector investments in ICT Infrastructure development • To support and facilitate the mobilization of private sector funding to support community-based ICT initiatives and projects • To facilitate the mobilization of private sector funding for human resource development capacity building in key sectors of the economy • To promote FDI with R&D, knowledge transfer and joint partnership components The Strategies • Promote local and foreign direct investments in the development of communication infrastructure • Encourage and facilitate the domestic and foreign private sector to invest in the development of the national information and communication infrastructure • Facilitate an investment climate for the mobilization of financial and technological resources; as well as promoting FDI specifically targeting attracting investments that have knowledge and expertise transfer components • Use the financial system as an effective instrument for mobilizing capital for development • Encourage the private sector to support funding for R&D activities, especially to cater for the needs of the small, micro, and medium enterprises (SMMEs) which can be nurtured to become the cutting edge for the commercialization of novel products or processes • Transform Ghana into an attractive destination for ICT-related FDI with the potential to become a competitive regional ICT and business hub. • Develop a highly competitive ICT-led value-added and export-orientated services sector driven by a dynamic ICT services sub-sector and industry • Develop a knowledge-based, technology-driven light modern industrial sector with a dynamic export-led and globally competitive ICT sub-industry 73

Select target paragraph3