Government is actively pursuing serious investors to support a major modernisation programme for the Volta Aluminium Company (VALCO), estimated at US$2.3 billion in the short term, Lands and Natural Resources Minister Emmanuel Armah Kofi Buah has said.
During his recent visit to the smelter in Tema, the Minister stressed that Ghana is done “talking” about VALCO’s potential and is now focused on concrete action to revitalise the industry and create thousands of jobs.
“We don’t want to do the talk shop anymore. We really want to get to the chase and see the things we can practically start,” he said.
Mr. Buah explained that several proposals are currently being reviewed, with government determined to select partners who are fully committed to Ghana’s aluminium industrialisation agenda. He added that the ministry and technical teams at VALCO are working “day and night” to break the cycle of stalled progress.
