Ghana to become a hub for iron and steel investment – Farouk Aliu Mahama states


The newly sworn-in board chairman of the Ghana Integrated Iron and Steel Development Cooperation (GIISDEC), Farouk Aliu Mahama stated that he is committed to working assiduously to attract investment to the company by the end of year 2022.

This according to the Yendi MP would be achieved through well calculated master and business plans and strategic road shows to attract the needed investments which will help in driving economic improvement and also create jobs.

”We will build on what has been achieved so far, inject more vigor and push further the frontiers of the industry. We will hit the ground running by embarking on mineral resource estimation of Ghana’s iron ore deposit across the country.

“A strategic Master-Plan, Business Plan and calculated roadshows will enable us provide a platform to attract vital investments that will drive economic improvement, job creation, and sustainable value creation in the iron and steel industry for all stakeholders along the chain and all these is projected to be achieved within a year- that is by the end of 2022,″ he said.

Speaking at the swearing in ceremony held at the Lands and Natural Resource Ministry on September 1, 2021, the Yendi MP said that with the adequate funding from government and support from the sector minister, Ghana will be positioned on the global map as a hub for iron and steel investment.