Formal negotiations on the agreement for the Volta Economic Corridor have commenced under the government’s 24-Hour Economy and Accelerated Export Development Programme, marking a major step towards the development of the Water-Lake Transport Project. The negotiations, involving the Volta River Authority (VRA) and the Ghana Infrastructure Investment Fund (GIIF), are expected to produce a legal framework agreement that will guide investment, financing and implementation of the project. He said the Water-Lake Transport Project would unlock opportunities in trade, agriculture, industry and tourism while creating jobs and strengthening transport links between northern and southern Ghana. He explained that the project would create a major north-south transport corridor along the Volta Lake, supported by inland ports to facilitate cargo movement, reduce transport costs and stimulate economic activities along the corridor. A representative of the VRA, Mr Samuel Fletcher, reaffirmed the Authority’s commitment to the project, saying the Volta Lake possessed immense potential to contribute to Ghana’s development beyond electricity generation.