Govt to pick strategic investor for bauxite project

Govt to pick strategic investor for bauxite project
March 12, 2021
The government is close to finalising a deal to bring in an investor to partner the Ghana Integrated Aluminium Development Corporation (GIADEC) for bauxite exploitation in the country.
Addressing Parliament in his first State of the Nation Address in his second term, President Nana Akufo-Addo announced that GIADEC has made good progress on the bauxite exploration programme that will drive the government’s industrial transformation agenda.
“We are in the final stage of an open and transparent investor engagement process, and we are in negotiations to select strategic investors to partner GIADEC for the bauxite mining and alumina refinery projects,” the President said. “The selected partner will be announced imminently,” he added.

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