Over 40 multinational companies have expressed interest in investing in the alumina and bauxite industry in Ghana.
So far, the companies are being taken through the selection processes to develop various aspects of the aluminium value chain.
The Chief Executive Officer of the Ghana Integrated Aluminum Development Corporation, Michael Ansah said this on Asempa FM’s Ekosii Sen programme, Thursday.
He said the selection process was expected to be completed by the first quarter of 2020 and the successful bidders announced in April 2020.
“The investors are interested in mining, refining and smelting and that is the basis for which we are progressing,” he noted.
Mr Ansah stressed that their focus is to ensure that Ghana gets the best out of the aluminium industry, with at least a 30 per cent stake in any new mine, refinery or smelter entity.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Gold Fields Ghana Foundation challenges graduates to maximize benefits of community apprenticeship programme
1 hour -
GBC accuses Deputy Information Minister Sylvester Tetteh of demolishing its bungalow illegally
1 hour -
Boost for education as government commissions 80 projects
1 hour -
NAPO commissions library to honour Atta-Mills’ memory
2 hours -
OmniBSIC Bank champions health and wellness with thriving community walk
2 hours -
Kora Wearables unveils Neo: The Ultimate Smartwatch for Ghana’s tech-savvy and health-conscious users
2 hours -
NDC supports Dampare’s ‘no guns at polling stations’ directive
2 hours -
Police officer interdicted after video of assault goes viral
2 hours -
KNUST’s Prof. Reginald Annan named first African recipient of World Cancer Research Fund
2 hours -
George Twum-Barimah-Adu pledges inclusive cabinet with Minority and Majority leaders
3 hours -
Labourer jailed 5 years for inflicting cutlass wounds on businessman
3 hours -
Parliament urged to fast-track passage of Road Traffic Amendment Bill
3 hours -
Mr Daniel Kofi Asante aka Electrician
3 hours -
Minerals Commission, Solidaridad unveils forum to tackle child labour in mining sector
3 hours -
Election 2024: Engagement with security services productive – NDC
3 hours