GHANA SET TO CONSTRUCT US$400M FACTORIES

Posted on by Gambeta News

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Construction of 22 factories set to kick-off after plans were agree between different parties.

The construction of the factories which is worth US$400m is part of a 10-point industrial transformation agenda. It will also help the different districts in the country to have one factory.

The factories will help enable the commening of the process such as vegetable oil, garments, soya beans, maize, industrial starch, rice etc. It will also be sold among countries in the ECOWAS region of the continent of Africa.

Ghana’s Minister of Trade and Industry Alan Kyerematen said “Plans are been underway for similar projects in other districts in the coming months. He also said that a total of 707 businesses plan are already in their possession from business people and promoters. He also said that only 313 of the plans are viable for implementation.”

The agreement was sign by representatives from Ministry of Trade and Industry, business executives and selected district assemblies.

The construction of the factories will be in 10 regions cutting across 22 districts in Ghana.

 

For more information, go through other articles on GambetaNews.

COMMENTS

  • <cite class="fn">Wiki</cite>
    May 16, 2018 at 1:25 pm

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