Investors from India, Dubai and Ukraine tour Ghana’s iron ore sites
The Ghana Integrated Iron and Steel Development Corporation has hosted some investors from India, Dubai, and Ukraine in the Oti Region to explore the country’s iron ore resources.
The tour forms part of the government’s readiness to liaise and co-finance with any investor to start processing iron ore into a raw material to boost Ghana’s economy and to create jobs for the Ghanaian youth.
The team visited the site at Akpafu, a farming community within the Guan district and also Akokrowa.
Speaking with Asaase News, Mohammed Tajudine Baba, the director for geology said, the government is ready to bring industrialisation to the door steps of Ghanaians.
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According to him, this will give more value to local manufacturing of bolts and nuts, among other things, bring in a lot of money for the country.
The director disclosed that more global and local investors have expressed interest, indicating that the future of iron ore production is bright.
“Currently, the total estimate for the iron ore found in Akpafu Todzi will be about five hundred million tonnes,” he said, adding that the government has contracted some local investors to work on the project to get the right estimate for the iron ore found.
Abdulai Nasurulai, the director in charge of corporate affairs and international relations appealed to the chiefs and the locals to work in harmony to drive development to the area.
He stated that the government would ensure that the resources found in the area benefit the people.
