The government will soon announced the strategic investors chosen to partner the Ghana Integrated Aluminium Development Corporation (GIADEC) to exploit bauxite in the country.
The bauxite exploitation programme, according to President Akufo-Addo will drive the nation’s industrial transformation agenda.
“We are in the final stage of an open and transparent investor engagement process, and are in negotiations to select strategic investors to partner GIADEC for the bauxite mining and alumina refinery projects. The selected partners will be announced imminently, he disclosed in the State of the Nation Address.
Similarly, the President said the Ghana Integrated Iron and Steel Development Corporation (GIISDEC) has been set up, and has begun its work in earnest.
On other industrial project, President Akufo-Addo said it has succeeded in attracting major global vehicle manufacturers, under the automotive development policy, to set up in Ghana.
“So far, Volkswagen has 1,167 vehicles, SinoTruk 276 vehicles, and our own Kantanka has produced four 400 vehicles. The Japanese conglomerate, Nissan, has also started the assembly of vehicles in the country.”
Source: mypublisher24.com
