Business

Gov’t moves to ‘revive’ Komenda Sugar Factory

Alan Kyerematen, Trade and Industry Minister

Government is readying to implement recommendations of experts put together to see to how the Komenda Sugar Factory could be revived.

The Factory was commissioned by former President John Dramani Mahama in May, 2016 though it is one of the factories established by first president Kwame Nkrumah.

It was later shut down for a mandatory maintenance operation a few months after the commissioning by Mr Mahama.

Though it produced its first 100 bags barely a month after the commissioning, the factory has not been fully operational since its shutdown.

In Parliament on Thursday, Minister of Trades and Industry Alan Kyerematen said, among the recommendations by the experts, the remaining parts of the plant will be fully installed and operationalised.

He appeared before the House to answer questions related to his ministry – one of which was to give a status report on the factory.

Mr Kyerematen said government will negotiate and pay outstanding debts due the contractors “to ensure a full takeover by government of the factory’s assets”.

He also indicated that a governing board of directors will be appointed “to provide high-level strategic direction and leadership for the company”.

The Trades Minister was, however, not specific on the timeline to do all these.

“I am unable to give specifications as to how long that exercise will take.

“The detailed project report will give us an indication of the time frame for the plantation development exercise to be completed.”

Source: 3news.com|Ghana

Facebook Comments

Related Articles