The Lake Volta, located in the south-eastern part of the country, will soon serve as a major transport corridor to improve trade and logistics through the government’s flagship 24-hour economy policy.

This was revealed by President John Dramani Mahama while engaging with some stakeholders in Accra.

During the meeting, President Mahama disclosed that his administration plans to leverage the Volta Lake as the key driver for national development.

He noted that beyond its ability to produce hydroelectric power, the lake has other potential that Ghana can tap that will benefit the country in the long run.

“The time has come to move beyond hydropower and position the Volta system as the backbone of a new industrial Ghana.

“For decades, the lake has powered our grid thanks to the foresight of Osagyefo Dr. Kwame Nkrumah and the dedication of the VRA. But beyond electricity, it has been underutilised,” he said.

Additionally, he lauded the first president of Ghana, Osagyefo Dr. Kwame Nkrumah, for being the master planner behind the construction of the Volta Lake.

Volta Lake, which is contained behind the Akosombo Dam, is the largest artificial reservoir in the world based on a surface area of 8,502 square kilometres. It produces a significant portion of the country's electricity.

The anticipated 24-Hour Economy Policy is expected to be rolled out in July. The policy, according to the President, is a long-term goal that will keep the country productive on a 24/7 basis, alongside stabilizing the economy through the creation of more jobs.

“Let me begin by offering a clear lens to understand the 24-hour vision. It is both a destination and a programme”.

“As a destination, the 24-hour economy reflects a state where Ghana’s productivity and capital utilisation will become so high that we will operate in multiple shifts across day and night, maximizing the return on infrastructure, human resources, and innovation,” he noted.

The 24-hour economy policy was a key promise during President Mahama's campaign in 2024.

The initiative aims to enhance economic productivity by encouraging businesses to operate continuously, creating more job opportunities, boosting revenue generation, and improving service delivery.

It also seeks to extend working hours nationwide. Sectors such as manufacturing, transportation, retail, healthcare, hospitality, and financial services stand to benefit significantly from this model.

The Ghana Police Service is expected to play a crucial role in its successful execution by ensuring a safe environment for businesses and individuals.