The Member of Parliament for Yendi and board chairman of the Ghana Integrated Iron and Steel Development Corporation (GIISDEC), Farouk Aliu Mahama, has given a strong indication that GIISDEC has positioned itself to unlock the value of iron ore in the country.
He stated that the multi-million dollar natural resource deposit across the country will provide direct and indirect jobs for several youths.
The MP made these remarks when he led management and board members of GIISDEC to Yendi to pay a courtesy call on the king of Dagbon, Ndan Yaa-Naa Abukari II.
“The board led by my good self will ensure that the iron ore deposits get the needed investment that will provide jobs and lessen the suffering of people living around these areas,” he said.
He added: “We have advanced plans to being an investor and I assure you that by the end of 2022, this will be done.”
He assured the Yaa-Naa that he, together with other board members, will work with traditional authorities to stimulate an increase in foreign direct investment.
“Dagbon is blessed with this natural resource. All we will ensure you get the needed benefits in terms of royalties.”
For his part, the king of Dagbon, Ndan Yaa-Naa Abukari II, entreated the management and board members of GIISDEC to be transparent and guided by national interest.
He expressed worry over how areas with natural resources in the country are often left with less attention in terms of development.
“Dagbon is still struggling with several developmental challenges despite government interventions which need very urgent attention.”
By Christopher Amoako|3news.com|Ghana