Business News Sat, 22 Sep 2007

Hodzo community commended for investor friendliness

Hodzoga, (V/R), GNA - Mr Chris Quarshie,

Managing Director of CALTECH Ventures Limited on

Friday commended the chiefs and people of the

Hodzo Traditional Area, near Ho, for their "excellent"

relationship and hospitality towards the new company. He commended Togbe Dzakpa for readily making

a large tract of land available for the venture. Mr Quarshie gave the commendation when the

company presented five-desk-top computers worth 21

million cedis for distribution among five junior high

schools in Hodzo, Takla and Kpenoe near Ho for ICT


education. The schools were Hodzoga Junior High School

(JHS) Hodzo-Aviefe JHS, Hodzo-Alavanyo JHS, Takla

JHS and Kpenoe JHS. He said the company would sponsor teachers from

the beneficiary schools for ICT training to enable them

to impart the knowledge to their students. Mr Quarshie observed that the company decided

to donate the computers because the acquisition of

ICT skills had become an important determinant in

how far students progressed along the education

ladder and their ability to make inroads into the job


market. He said the company, which had invested 10

million dollars in the production of ethanol from

cassava and had already employed 150 local people

on its 162-hectare cassava seed farm, was set to

increase job opportunities for 240 others next year. Mr Quarshie said the company had established a

corps of cassava out-growers to provide the needed

raw material for take-off. Mr Mawutor Goh, Ho Municipal Chief Executive

commended the people for placing their collective

interest and that of the country above their individual


interests thus paving the way for the company to be

established there. He assured communities in the area that the

sustenance of the company would be a catalyst to the

rapid development of infrastructure such as good

road network towards developing the potentials of the

area for the rapid improvement in their standard of

living. Mr Goh urged chiefs in the Ho Municipality to

support the company and encourage their

compatriots who had the means to invest at home. Togbe Akpasu VIII, Fiaga of Hodzo traditional

thanked the company for its demonstration of

goodwill towards the people and gave an assurance

of his people's fullest co-operation towards the smooth

operations of the venture. Mr J J Denteh a spokesman for the schools

commended the company for the donation,

describing it as "most invaluable" and expressed the

hope that the company would provide computer

laboratories and electricity to the schools to facilitate

the use of the computers.

Source: GNA