Mahama says investor selected for Volta Star Textiles revival

President John Dramani Mahama says a strategic investor has been selected to support the revival of Volta Star Textiles, with plans also being developed for a cotton-supply partnership with Benin.

The President announced the development during a sod-cutting ceremony for a new 24-Hour Economy Model Market at Juapong in the Volta Region, according to posts he made on Facebook and reported by 3News.

Mahama presented the textiles initiative as part of efforts to develop the Volta Economic Corridor under the government’s 24-Hour Economy Policy. The information provided did not identify the investor or give a timetable for the proposed revival of the company.

In the same update, the President said he had inspected projects described as major Big Push road works. These included works along the Asikuma–Anyirawase Highway, the UHAS bypass and the Anyirawase–Ho Road.

He also referred to a laboratory complex at the University of Health and Allied Sciences’ Sokode campus. Mahama said the project was 75 per cent complete after what he described as eight years of neglect.

In a separate Facebook post, he said work had resumed on the 5,300-square-metre laboratory complex after years of delay. He said the facility is intended to provide practical medical-skills training and could accommodate more than 1,200 students.

Mahama further said the project could help position Ho as a destination for students from across West Africa and support local economic activity through demand for housing, transport and retail services. He said the university could generate income to maintain equipment at the facility.

The announcements form part of the government’s stated programme to decentralise economic activity and expand development from Ghana’s regions. Further details on the investor selection, the cotton arrangement and the timelines for the projects were not included in the report.