Government pushes hard to enforce iron and steel development law



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Mr. Benito Owusu-Bio, Deputy Minister of Lands and Natural Resources, with participants after the closing ceremony of the workshop a week. Image: EBOW HANSON

Mr. Benito Owusu-Bio, Deputy Minister of Lands and Natural Resources, with participants after the closing ceremony of the workshop a week. Image: EBOW HANSON

The government is working to get the Ghana Steel Industry Development Authority (GISDA) bill pbaded before Parliament gets up this year.

Deputy Minister of Lands and Natural Resources for Forests Benito Owusu-Bio, who said this, said the bill had already been read for the second time in Parliament.

"We want to make sure that by the time of the House lifting, we will pbad the bill so that the GISDA can be created to help develop the iron and steel industry. ", did he declare.

In addition to providing leadership, it would help attract good investors and promote value creation to transform the iron and steel industry.

Mr. Owusu-Bio said this at the closing session of the International Summit on Capacity Building on Effective Management of Mineral Resources in Accra yesterday.

The purpose of the summit was to provide participants with the knowledge and skills needed to discover lesser known minerals, data management and the sustainable use of mineral resources.

He added that the decision to create GISDA was part of the government's efforts to diversify the country's mineral portfolio and promote value-added.

Mountain peak

The two-week summit was a collaboration between European geological surveys and the Organization of Geological Surveys for Africa and was facilitated by the Geological Survey of Finland.

Nicknamed PanAfGeo Pan-African Project 2019, the summit aimed to build the capacity of staff of African geological survey authorities to improve service delivery.

It also served as a platform for participants to discuss and learn about new trends and best practices in mineral exploitation, management and use.

Participants came from Ghana, Nigeria, Cameroon, Kenya, Namibia, Sierra Leone, Sudan and Eritrea.

Diversification

Mr. Owusu-Bio said the government had helped the GSA to improve its facilities and technical know-how in order to better position the staff of the authority so that it can work effectively at the airport. exploration of unexploited and less known minerals.

"Iron, steel and aluminum are the future minerals of this country and we are fortunate to have these resources, so we want to change the paradigm and transform them by exporting them in raw form for value, "he said.

He also stated that the project to establish GISDA was a strategic initiative that would help produce steel and other products that would serve as raw material for the many companies in the automotive sector that would planned to establish in Ghana.

Diligence

Ms Ritta Teerilahti, Project Manager for Africa and Head of the Finnish Geological Survey, also said it was important for African countries to take steps to put in place strong geological prospecting systems that would allow to exploit more mineral resources.

She urged summit participants to replicate the knowledge gained during the training program in their respective jurisdictions.

Dr. Daniel Boamah, Acting Director of GSA, said that the authority had received government support to improve its operations.

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