Business News of Fri, 21 Apr 201710
Groupe Nduom to lead rice revolution next five years
Dr. Papa Kwesi Nduom, President and Chief Executive Officer of Groupe Nduom (GN) has announced that GN is ready to lead rice revolution in Ghana in the next five years to ensure that importation of rice is brought to the barest minimum.
In total, he said it will take about GHc1billion to execute this project not only from GN spending – our part is to put up five rice mill factories in the country in the Volta, Western, Central, Eastern and Brong Ahafo Region and to creates job opportunities.
He explained to B&FT in an interview that already, there is one rice milling factory at Worawora in the Biokoye District of the Volta Region- it is a defunct factory acquired and refurbished by GN.
Currently, he said construction is ongoing at the rice mill factory at Assin Breku in the Central Region- Western, Brong -Ahafo and Northern Regions will follow soon.
He pointed out that GN has acquired acres of land for the cultivation of rice; we will also buy rice from farmers who are already growing rice in the country.
“GN will soon introduce our brand of rice and different grains to the public – this, was suppose to have been done weeks ago but we have to push it ahead and get things done properly such as involving the Food and Drugs Authourity (FDA) among others so that when we start, there will not be any impediment on way” he said.
He encouraged individuals to invest in the sector to provide a lot of job opportunities for the youth.