The Ghana Integrated Aluminium Development Corporation (GIADEC) has signed a Memorandum of Understanding (MoU) with Italian engineering company Danieli to develop a €300 million aluminium foil rolling plant at the Tema Industrial Park in Ghana. The investment marks a significant step in expanding the country’s downstream aluminium industry and strengthening its manufacturing capabilities.

Designed to produce between 40,000 and 45,000 tonnes of aluminium foil annually, the facility will supply packaging, pharmaceutical, food service, and industrial markets. The project also includes the establishment of a Centre of Excellence dedicated to workforce training, innovation, and technical development in advanced aluminium processing technologies.

The plant will be located within the Integrated Industrial Park in the Tema Heavy Industrial Zone, a development led by ARISE Integrated Industrial Platforms in partnership with GIADEC and Tema Development Corporation (TDC). The site offers direct access to VALCO’s aluminium smelter, Tema Port, and existing industrial infrastructure, supporting efficient production and export logistics.

According to GIADEC CEO Reindorf Twumasi Ankrah, the partnership represents an important milestone in developing a fully integrated aluminium value chain in Ghana.