It's refreshing that Ghana is establishing an integrated bauxite industry, refining its gold - Kwakye | 3News.com

Director of Research at the Institute of Economic Affairs’ (IEA) Dr John Kwakye has welcomed news that Ghana is establishing an integrated bauxite and aluminum industry, refining its gold, processing its cocoa.

 has said at the 77TH session of the United Nations General Assembly on Wednesday September 21 that the  (AfCFTA), whose Secretariat is located in Accra, Ghana’s capital, is driving intra-Africa trade and creating an unparalleled momentum for our continent’s economic diversity and transformation.

He said that that industrialisation is the way to go and, with the single market as the added incentive, Ghana has taken policy measures to add value to the natural resources.

For example, he said, “we are processing more of our cocoa, refining more of our gold, and we are determined to exploit the entire value chain of our huge lithium deposits.

“We are busily building an integrated bauxite and aluminium industry and an integrated iron and steel industry, building new oil refineries and have, so far, attracted six (6) of the world’s biggest automobile manufacturers to set up assembling plants in Ghana, prior to producing them in the country.”

It's refreshing to hear from the President's speech at the UN that Ghana is establishing an integrated bauxite and aluminum industry, refining its gold, processing its cocoa, and intends to explore its entire lithium value chain

“It’s refreshing to hear from the President’s speech at the UN that Ghana is establishing an integrated bauxite and aluminum industry, refining its gold, processing its cocoa, and intends to explore its entire lithium value chain.