Audio By Carbonatix
The Volta River Authority,VRA is engaging some private investors to develop some of its assets as part of measures to generate more revenue for its operations.
The assets include some of the authority’s land properties lying fallow and unutilized as well as hotels.
The Chief Executive, Kweku Awotwe revealed this to JOY BUSINESS at a knowledge forum organized by the Ghana Chapter of the Society for Human Resource Management.
“We have Akosombo Hotel Company, Kpong Farms and Volta Lake Transport among others. All these we are preparing business plans for them that would allow us to do a market study of the available opportunities to attract these prospective investors" he noted.
“We started with the process to identify partners for this and we are getting a lot of interests expressed. In the Akosombo and Akuse areas in particular we have many lands we think we can develop for hotel establishments. What we are looking for is to create value by getting rent or income and help the authority cut overhead-costs and retain my workforce” he concluded.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
CJ’s vacation warrants not limited to politically sensitive cases – Victoria Bright
29 minutes -
Parts of Accra to experience power interruption on Sunday for emergency GRIDCo tower restoration
34 minutes -
Dafeamekpor defends Ayine’s handling of Aksa case, faults past AGs
1 hour -
Luv FM High School Debate: Afigyaman, OKESS seal Round of 16 spots in style
1 hour -
Dafeamekpor urges Parliament to stay out of Aksa probe, backs expert-led inquiry
1 hour -
The rise and rise of Azigi
1 hour -
Is Angela List being targeted? Government must reconsider the Adamus revocation
1 hour -
Bezos-backed consortium buys a third of Liverpool
1 hour -
Galamsey is becoming a national survival issue – Annoh-Dompreh
2 hours -
Beyond State Funding: NSA Inaugurates Deen-led team to power Ghana’s sports reset
2 hours -
Jason Arday death ‘tragedy on so many levels’ says PM Burnham
2 hours -
NPP has never used nolle prosequi to shield appointees – Baffour Awuah
2 hours -
A-G owes it a duty to the State even if we don’t trust him – Dr Bomfeh on AKSA bribery probe
2 hours -
A Plus dismisses claims poor English explains his limited role in Parliament
2 hours -
Unauthorised drone flights banned at Manhyia Palace
3 hours