President John Dramani Mahama has announced plans to develop the Volta Economic Corridor, aimed at harnessing the economic potential of the Volta Lake and its surrounding areas.

According to him, the initiative will create opportunities for industrial growth, agriculture, and trade, transforming the Volta Region into a major economic hub.

Speaking at the launch of the 24-Hour Economy and Accelerated Export Development initiative in Accra on Wednesday, July 2, 2025, the President emphasised that the corridor would unlock vast untapped resources around the lake while supporting job creation.

“While the 24-Hour Economy programme is nationally focused, our flagship innovation is the Volta Economic Corridor, a transnational effort to unlock the economic and environmental potential of the Volta Lake and its surrounding lands,” he said.

President Mahama noted that the plan aligns with broader efforts to modernise transport, industry, and agriculture across the country, positioning the Volta Region as a key driver of inclusive growth.

He stressed the importance of establishing a modern transport corridor under the Connect24 programme, designed to connect Ghana’s north to south and east to west, thereby enhancing trade and mobility nationwide.

Additionally, the President highlighted the Volta projects in the Kosombo area as central to this development agenda.

He explained that the project would not only generate power to support Ghana’s industrial sector but would also serve as an integrated development initiative to promote active business opportunities.

“Our vision for the Volta projects at Kosombo is not just as a power source to energise Ghana’s industrial sector, but as part of a transport corridor that connects the north to the south and the east to the west under Connect24,” he explained.



SP/MA

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