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Ghana Project at the Volta Lake
The project to salvage trees from the bottom of the Volta Lake is the first of its kind in the world. To launch it, CSR Developments has worked with the government of Ghana and the Volta River Authority (VRA) to obtain the rights to extract trees from the submerged forests in the Volta Lake. This agreement has been unanimously ratified by the Ghanaian parliament in 2006.
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After signing the Volta Lake concession agreement in Ghana: CSR Developments
Chairman, the Right Honourable Joe Clark, with Prof. Mike Ocquaye,
Honourable Minister of Energy and VRA Chief Executive, Joshua Ofedie. |
Project Highlights
- 25-year concession to harvest in 350,000 hectares of the Volta Lake
- $15 million invested to date, expected $100 million additional investment over next four years
- Partnering with government, non-profits and local communities
- Benefits include employment, community development and lake transportation safety
- CSR Developments, was founded in 2005, with strong Ghanaian roots
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