The Ghana Cement Works (GHACEM) is to invest 7.7 million dollars on two projects in 2001/2002, Mr Severe Moller, Works Manager for Tema Factory said on Wednesday.
He said 4.5 million dollars would be spent on separators to facilitate the grinding of cement to improve quality and also to cut down power consumption.
A silo and packing plant at the cost of 3.2 million dollars would also be installed.
Mr Moller was speaking on investment initiated by GHACEM when Mr. Samuel Evans Ashong Narh, Tema Municipal Chief Executive, paid a familiarisation to the factory.
He said these would increase their storage capacity by 3,000 tonnes to 9,500 tonnes adding that currently there were three silos with a total capacity of 6,500 tonnes.
Mr Narh, who was a former employee of GHACEM, said he was happy that the factory had was expanding its operations that would provide Ghanaian youth with jobs.
He said government's aim of encouraging privatisation was to bring competitiveness and improve the quality of service and expressed his appreciation to GHACEM for taking a decision to privatise some aspects of its operations to facility the growth small-scale businesses.
He told the Management: "While you are making more money you should assist the community in which you operate."
The Chief Executive expressed his appreciation to the company for reducing dust pollution and expressed the hope that they would take positive steps to eliminate it to increase the life expectancy of the workers and the people, who live near the plant.
He advised the Management to cultivate the habit of interacting with the workers so prevent them from going on strikes that lower productivity.
