Ghana and Hunan Firm Collaborate to Develop Volta Economic Corridor for Industrial Growth
Ghana has signed a Memorandum of Understanding (MoU) with the Hunan Architectural Design Institute Group to advance the Volta Economic Corridor, a key project under Ghana's 24-Hour Economy Programme. This agreement, signed at the Office of the President in Accra, aims to provide technical expertise for large-scale infrastructure planning and development. The Volta Economic Corridor is envisioned as Ghana's first net-zero green industrial zone, integrating agriculture, manufacturing, and logistics. The project is expected to boost agro-industrial production, exports, and job creation. The collaboration builds on previous engagements in Changsha, China, focusing on spatial planning and infrastructure design. The corridor will run from Tema through several regions to Tamale, with plans to convert over two million hectares of arable land into agroecological parks linked to industrial parks. The initiative is expected to generate over 500,000 direct jobs and reduce reliance on imports.