President John Dramani Mahama has unveiled bold plans to transform the Volta Lake and its basin into a strategic industrial and logistical hub under the government’s flagship 24-hour economy policy.
Speaking at a multi-sectoral engagement at the Jubilee House on Wednesday, May 28, the President highlighted the “Volta Economic Corridor” as the defining anchor of the ambitious 24H+ Programme.
“The time has come to move beyond hydropower and to position the Volta system as the backbone of a new industrial Ghana,” President Mahama declared, outlining a transformative vision for the nation’s most significant inland water body.
The President described the Volta Lake as “largely underutilised in its broader economic potential,” despite its historic role in powering the country through hydroelectricity.
“For decades, the Lake has been central to our electricity generation thanks to the foresight of Osagyefo Dr Kwame Nkrumah and the dedication of the VRA,” he said. “But it remains largely underutilised in its broader economic potential.”
Under the 24H+ Programme, the Volta Basin will be repositioned as a national production zone and logistics artery. The plan envisions:
Cultivating over two million hectares of arable lakeside land.
Developing the Lake’s vast fisheries potential.
Establishing industrial parks along the Corridor focused on processing agricultural output and manufacturing key industrial products.
“These parks will serve both domestic and regional markets,” the President added, positioning the Corridor as central to Ghana’s export and industrial expansion agenda.
Credit: JOYONLINE