Government is to establish an Integrated Bauxite Alumina Authority in the next three months.
The project, according to President Nana Akufo-Addo, is critical to exploiting the untapped mineral resources such as bauxite.
The Authority will have the task of mobilizing the relevant resources to better explore alumina industry in Ghana from exploitation to the creation of alumina product.
He was speaking at the Presidential Panel discussion at the just ended Africa CEO Forum in Geneva, Switzerland.
President Akufo-Addo wants investors to turn their attention to Ghana for possible partnership in exploring opportunities in the mining sector as he also hinted Government is close to clearing the 2.4 billon cedis energy sector debt which nearly crippled some banks in the country.
“Now that we trying to come to grips with the financial problems that are at the heart of our electricity challenges in Ghana, we are able to do so to provide the stimulus for industrial transformation that we require,” he told the gathering.
“Our country has enormous natural resources, bauxite and iron ore, we have decided that come what may, we are going to bring those resources into play,” he added.
Published on 22 March 2017 | 11:09 am at Source