Search for strategic investors in bauxite and aluminium industry begins.
The Ghana Integrated Aluminium Development Corporation (GIADEC) has commenced processes towards the engagement of strategic investors for different aspects regarding the implementation of the entire bauxite to aluminium value chain. According to GIADEC, all private sector entities/ consortium interested in participating in the investor engagement rounds have up to the end of May 2019 to complete and submit the necessary documentation to its office in Accra. A publication made in the Daily Graphic explained that the investor engagements will comprise three progressive rounds where qualified investors in Round 1 will progress to subsequent rounds until the investor with the best offer is arrived at for each identified investor package.GIADEC, established under the Ghana Integrated Aluminium Development Corporation Act, 2018 (Act 976), has the mandate to promote and develop an integrated aluminium industry for Ghana. - Source: Citinewsroom.com