President Mahama extends invitation to Chinese Investors , highlighting transformative Volta Economic Corridor project
Ghana’s President John Dramani Mahama has invited Chinese investors, outlining strategic opportunities across multiple sectors while emphasizing the nation’s commitment to creating mutually beneficial economic partnerships.
“Ghana offers Chinese investors not only stability and profitability, but also a strategic gateway to the heart of Africa,” President Mahama declared, highlighting the country’s unique positioning as a premier investment destination.
In his address at the Presidential Investment Forum, President John Dramani Mahama specifically invited Chinese investors to explore partnerships in critical infrastructure development. “We invite Chinese investors to explore partnerships in roads, in smart cities, renewable energy and digital connectivity,” Mahama stated, outlining Ghana’s comprehensive approach to modernization.
Central to Ghana’s transformation agenda is the ambitious $10 billion Big Push Infrastructure Program. “We’ve launched the big push Infrastructure Program, which is a $10 billion initiative focused on completing major roads, bridges, power systems and digital networks, and also linking Ghana to regional markets,” the President explained.
President Mahama placed particular emphasis on the Volta Economic Corridor, describing it as “one of the most ambitious projects in Ghana’s history.” The project rests on four interlinked pillars that promise significant investment opportunities.
“It rings it rest on our four interlinked pillars. The first, irrigating over 2 million hectares of land for all year round farming. The second, building agro industrial parks for textiles, pharmaceuticals and food processing. The third, developing tourism and hospitality hubs along the water lake, one of the world’s largest man made inland lakes. And the fourth, establishing a modern inland water transport and logistic system linking farms, factories and markets,” Mahama detailed.
The President highlighted Ghana’s commitment to renewable energy and digital transformation, seeing particular synergy with Chinese expertise. “We believe that China, with this comparative advantage in digitalization and innovation, will be a partner, a partner, to the vibrant, youthful population of Africa and Ghana in this regard,” he stated.
Ghana is investing heavily in preparing its workforce for the future economy. “We’re also investing $3 billion in our digital jobs initiative to prepare our youth for the technology driven economy of the future,” Mahama announced.
In a forward-looking announcement, President Mahama revealed plans for a green city project. “As part of Ghana’s transformation, we plan to establish a new green city that will struggle the three regions of Greater Accra volta and eastern regions,” he said, adding that this would be “a green digital city, and will display cutting edge technology in urban design, planning and innovation.”
The President expressed his commitment to rapid implementation: “This city is planned to be a 20 year project executed in four phases, and my expectation is that the face the first phase will commence before my tenure of office runs out.”
Addressing investor concerns, President Mahama emphasized Ghana’s robust legal framework for investment protection. “Ghana guarantees the security of your capital and your profits. Under our Constitution and the Ghana Investment Promotion Center act, we can expropriation of investment is is banned,” he assured potential investors.
The President also highlighted Ghana’s strategic market position: “As a host of the African continental free trade area, Ghana provides investors with direct access to a $3.4 trillion single market and over 400 million consumers through the ECOWAS trade liberalization scheme.”
Concluding his address, President Mahama painted a comprehensive picture of Ghana’s transformation: “This is the new Ghana. We’re creating a 24 hour economy of opportunity and innovation, a Boadi infrastructure drive connecting every community and enterprise, a modern agricultural engine that feeds our people and exports to the rest of the world, a digital revolution that empowers our youth and an industrial vision that adds value and secures prosperity for generations to come.”
The President emphasized the mutual benefits of the partnership: “In return, we seek partnerships that has a rate industrialization and advanced technology transfer and create shared value for our peoples. Ours will be a win-win partnership. Your success in Ghana, in investment will be our shared success.”
The forum marks another significant milestone in Ghana-China relations, which have spanned 65 years of diplomatic ties and achieved bilateral trade of $11.8 billion in 2024.
