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Business & Economy

Volta Region Banks on 24-Hour Economy as Juapong Hosts 7th Volta Trade Fair

Volta Fair launched to revive industry, create jobs and attract global partners

Volta Region Banks on 24-Hour Economy as Juapong Hosts 7th Volta Trade Fair
Volta Regional Minister, James Gunu
Isaac Kofi Tsoenamawu
Aug 26, 2025

The Volta Region is positioning itself as a hub for industrial growth and global partnerships through the government’s 24-hour economy policy, Regional Minister James Gunu said at the launch of the 7th Volta Trade and Investment Fair in Juapong.

The fair, themed “Volta Rising: Building Global Partnerships for a Thriving 24-Hour Economy,” is anchored on President John Dramani Mahama’s flagship economic policy, which aims to stimulate growth, create 1.7 million jobs and attract $4 billion in investments over the next four years. The policy has an initial government backing of $300 million.

“For the Volta Region, the opportunities are immense. We envision the revival of Juapong Textile Limited operating at full capacity under the 24-hour model,” Gunu said, adding that a 1,500-acre industrial park has already been secured in Adaklu to serve as a hub for manufacturing, logistics and export.

The Regional Minister stressed that the fair is not only a platform for showcasing cultural heritage but also a call for global investors to partner in reviving industries and scaling up agribusiness, manufacturing and tourism potential.

He highlighted projects such as the construction of the Volivo Bridge, road network improvements and the Volta Lake Corridor initiative, which is expected to boost transport, irrigation farming, tourism and agro-processing.

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“It reminds us of industrial heritage, whilst challenging us to imagine and forge together towards a renewed and vibrant future,” Gunu said. “We cannot achieve this transformation alone. We need international investors, strategic alliances and global partnerships to bring technology, capital and expertise to our dear region.”

The revival of the defunct Juapong Textile Limited was described as symbolic of the region’s industrial rebirth, with Gunu likening its redevelopment to “dry bones rising again.” He underscored that every district in the Volta Region has untapped tourism potential that requires the right packaging and partnerships to unlock.

The 2025 Volta Trade and Investment Fair, the 7th edition of its kind, is expected to convene businesses, policymakers, and investors ahead of the main exhibition in November, where new projects and partnerships will be showcased. The fair will also feature the Volta Investment Summit.

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