We’ll revive Komenda Sugar Factory – Trade Minister

Plenary Session 12 December Morning 24172415987 Alan John Kyerematen Trade and Industry Minister, Alan Kyerematen

Tue, 10 May 2022 Source: GNA

The government has avowed its commitment to reviving the infamous Komenda Sugar Factory in tandem with its industrialization drive.

The Minister of Trade and Industry, Alan Kyerematen, made the assurance when he paid a working visit to the Komenda Sugar Factory to assess the progress of work towards reviving the factory.

The $35-million factory, built from an Indian Exim Bank facility, has not worked since its commissioning in 2016 by the National Democratic Congress -government.

However, in March 2022, President Nana Addo Dankwa Akufo-Addo gave a strong indication that the factory would become functional in April 2022, when he received a delegation from the Komenda Traditional Authority at the Jubilee House.

He assured the delegation that civil works being undertaken by the Indian investors would be completed in March to pave the way for the production of sugar.

In tandem with government’s vision, Alan Kyerematen and Mrs Justina Marigold Assan, the Central Regional Minister, among other dignitaries, inspected the civil works being undertaken by the Indian investors.

Mr Kyerematen said he was impressed with the progress of work and expressed optimism about the revival of the defunct factory to create jobs for sugar cane growers and the youth to revive the local economy.

In Cape Coast, he led the team to visit the defunct Ameen Sangari Industries Limited, which had been captured under the One District, One Factory industrialization initiative, to be revamped by the government.

Being the oldest manufacturing company in the region aside from the soap and palm kernel oil production, the industry also processed teak trees into electricity poles.

The company, which had operated in the metropolis for close to 10 decades, had more than 600 workers but had to downsize the workforce to 280 due to the high cost of power, pilfering and administrative challenges.

Mr Kyerematen said the company had received a 6.1-million-cedi loan facility covering the procurement of equipment and machinery as well as working capital.

After a tour of the facility, he assured the public that the factory would restart as soon as practicable to bring socio-economic relief to the people and the government.

View his Timepath:

Source: GNA
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