The Ghana Integrated Aluminium Development Corporation (GIADEC) has signed an MoU with Italian metals engineering firm Danieli to build an aluminium rolling facility.

The facility will be located at the Tema Industrial Park in Ghana, where Danieli intends to invest approximately €300 million in downstream aluminium infrastructure.

The investment will comprise of an aluminium foil rolling plant, with a project annual output of 40,000 to 45,000 tonnes, which will serve packaging, pharmaceutical, food service, and industrial markets.

It will also include a Centre of Excellence - a dedicated facility for training, innovation, and technical development in advanced aluminium processing.

The signing ceremony was held at the Residence of the Italian Ambassador to Ghana, and was witnessed by officials from GIADEC, the Danieli Group, the Italian Embassy in Ghana, and the Ministry of Lands and Natural Resources.

Reindorf Twumasi Ankrah, CEO of GIADEC, said that the agreement signalled a strategic shift toward building a fully integrated aluminium value chain in Ghana.

He said: “GIADEC will continue to partner with credible global firms to position Ghana as an emerging hub for advanced aluminium manufacturing in West Africa.”

The proposed aluminium foil plant will be located within the Integrated Industrial Park in the Tema Heavy Industrial Zone.

The park is being developed by ARISE Integrated Industrial Platforms in partnership with GIADEC and Tema Development Corporation (TDC).

The location offers strategic advantages, including proximity to Volta Aluminium Company (VALCO)’s smelting capacity, Tema Port, and established industrial infrastructure, enabling efficient export-oriented manufacturing.

The GIADEC-Danieli partnership expected to accelerate Ghana’s transition from raw bauxite exports to integrated aluminium production and domestic value retention, as well as creating direct and indirect employment opportunities.

The project is also set to enhance Ghana’s export competitiveness and foreign exchange earnings, with aluminium foil and processed products targeted at international markets.