The University of Mines and Technology (UMaT) in Tarkwa in the Western Region is gearing up to launch a state-of-the-art technical training centre, aimed at enhancing value addition in Ghana's mining industry.

Spearheaded by the Minerals Income Investment Fund, the project is set to significantly boost human capital within the mining value chain.

Ghana, a leading producer of gold, has long faced challenges in maximizing the value of its mineral resources due to numerous factors including the lack of specialized human capital.

In response to this, the Minerals Income Investment Fund is constructing an ultramodern technical training centre at UMaT.

The new facility, scheduled to be completed within the next eight months, will include a 500-seater lecture hall, a jewellery training centre, a library, and offices. These amenities are designed to equip the University with advanced mining competencies, ensuring that students are prepared to meet the demands of the evolving mining industry.

President Akufo-Addo, speaking at the sod-cutting ceremony, emphasised the government's commitment to developing a robust and sustainable mining industry. He highlighted the importance of investment in education and skills development, stating that it will propel the nation’s industrialization agenda.

CEO of the Minerals Income Investment Fund, Edward Nana Yaw Koranteng, echoed this sentiment, stating that building human capital will not only improve the country’s stake in the jewellery industry but also develop the entire mining delivery system.

The establishment of this technical training centre underscores Ghana's commitment to maximizing the potential of its mineral resources.

By investing in education and skills development, the country is positioning itself for sustainable growth and development in the mining sector.