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BusinessMcDan shares his vision of establishing an international chemical production industry through...


McDan shares his vision of establishing an international chemical production industry through salt mining


Chairman of McDan Group, Dr. Daniel McKorley, recently shared his vision of establishing an international chemical production industry through salt mining. He explained that the decision to venture into salt mining was driven by his ambition to realize this dream.

In an interview with YouTuber Wode Maya, Dr. McKorley revealed that Electrochem Ghana, a subsidiary of McDan Group, operates at Ada Songor with the goal of extracting raw materials essential for the envisioned chemical production industry. Through extensive research, he identified Ghana as an ideal location for sourcing high-quality salt.

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Popularly known as McDan, he expressed his concern over the dominance of foreigners in Ghana’s extractive industry, attributing it to the legacy of colonialism. He emphasized the need for Ghanaians to take charge of their natural resources to prevent external control.

Taking on the challenge of managing Africa’s largest salt mine individually, Dr. McKorley aims to set an example for others in the industry. His endeavor not only seeks to establish a successful business but also to inspire fellow Ghanaians to participate actively in resource management and industrial development.

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He stated, “We cannot always rely on foreigners to do things better than us. To succeed in this endeavor, one needs courage, unlimited courage.”

While McDan didn’t face financial hurdles at the outset of his entrepreneurial journey, he acknowledged that most people would have doubted his decisions. He emphasized the significance of heeding feedback, be it criticism or encouragement, to pave the way for historic achievements rather than errors.

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Reflecting on the genesis of the Electrochem project, McDan noted its inception stemmed from identifying overlooked opportunities in the region spanning over 55 years. Recognizing the potential in the Songor area, he envisioned its role in fostering a chemical production industry.

McDan underscored the imperative of industrialization and advancement in Ghana, stressing the importance of adopting the right attitude, mindset, and leadership to drive positive change and enhance resource management.

Regarding his personal wealth, McDan asserted that overseeing the 41,000-acre salt mine renders him a billionaire.

When questioned about his billionaire status, he replied, “I believe so,” highlighting the distinctive nature of the mining operation given its scale and salt production volume.

McDan also emphasized the significance of corporate social responsibility, asserting that billionaires should aim to positively influence society. He cited various initiatives undertaken by the McDan Group, including the McDan Entrepreneurship Challenge, school constructions, AstroTurf projects, hospital developments, provision of interest-free loans for women, and scholarships for students, as examples of efforts to enhance livelihoods.

Dr. Mahamudu Bawumia, the Vice President and flag bearer of the New Patriotic Party (NPP), has declared that the outstanding nursing trainee allowances for 2024 will be disbursed this Thursday, May 16, 2024, for subsequent distribution to nursing and teacher trainees nationwide.

The allowances for both teacher and nursing trainees, reinstated by the Akufo-Addo government after being revoked by the previous Mahama administration, have been delayed for several months.

During a large gathering with the youth in Nalerigu, located in the North East Region, where numerous nursing and teacher trainees were present, Dr. Bawumia announced this latest development to enthusiastic cheers.

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