Following the Deputy Minister’s working visit to Volta Aluminum Company (VALCO), the Board has today, Thursday, 17th August, 2023, paid a working visit to the Ministry of Lands and Natural Resources to get acquainted with the management of the Ministry and further discussed possible ways of revamping VALCO.
The meeting which was Chaired by Hon. George Mireku Duker, on behalf of the sector Minister, in his remarks commended the Board of VALCO for the unity among its members and urged them to continue to work hard to revive VALCO.
The Deputy Minister emphasized the need for VALCO to modernise its operations and devise a suitable module to address its challenges.
He admonished the Board to work hard and in the not too distant future tell its success story to all.
The Board Chairman of VALCO, Dr. Henry Benyah stressed on the achievements of his outfit since assuming office saying, “the Board inherited a debt of about 15million dollars in 2020 and with hard work recorded profit of about 8.7million in 2021 and about 5.7 million dollars in 2022 notwithstanding its challenges such as protest from workers for better working conditions which affected the company’s production in 2022”.
He indicated that the Board is working assiduously to execute its mandate and make VALCO thrive again taking into cognisance the diverse opportunities across the world.
In his remarks, the Chief Executive Officer of GIADEC, Mr. Michael Ansah reiterated efforts made by his outfit to ensure that VALCO is well position to play an effective part in the Integrated Aluminium Industry.
The former CEO of VALCO and a Board Member, Mr. Daniel Acheampong who was also present at the meeting commended the current management of VALCO and called for the modernisation of VALCO to enable it contribute significantly to the development of Ghana.
Hon. Daniel Nii Titus Kwatey Glover Managing Director of VALCO, urged all stakeholders to come together to help achieve the dream of His Excellency, Nana Addo Dankwah Akuffo-Addo of bringing back VALCO to its feet.