BUSINESSPOLITICS

Gov’t Ready To Support Any Company Willing To Expand Its Production – Akufo-Addo

President Akufo-Addo has said the government of Ghana is ready to throw its support behind any company with the desire to expand its production to offer more jobs to Ghanaians.

President Akufo-Addo has said the government of Ghana is ready to throw its support behind any company with the desire to expand its production to offer more jobs to Ghanaians.

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According to the President, whether the company is foreign or local, if there is any willingness to spread its production and offer Ghanaians more job opportunities, the government is also ready to offer such a company all the necessary supports.

He said this when cutting sod for the construction of phase IV of the Keda Ceramics factory and the commissioning of phase III of the same project in the Shama District of the Western Region on Friday, September 3, 2021.

According to the President, if a company expands its production, not only will it offer Ghanaians more job opportunities but also increased revenue generation for the government which can help sustain the day-to-day administration of the country.

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With the Keda ceramics factory already providing about 5,000 jobs for the catchment area and beyond, the President pointed out that such a feat can best sell the industrial development of the country to the rest of the world.

President Akufo-Addo stated that Keda Ceramics Limited has invested $150m in all three phases which have increased its production capacity to 150,000-meter square daily, exploiting seventy percent of its production to the ECOWAS market – a feat he believes can best sell the industrial development of the country to the rest of the world.

He commended the management of Keda Ceramics Company Limited for their enterprise, vision, and hard work and moreover for spreading their tentacles to the West African market to generate more foreign exchange for Ghana.

The Group Chairman of Sunda International, the mother company with Keda Ceramics Company Limited as a subsidiary, Mr. Shen Yan Chang, said the commissioning and the sod-cutting of the Phase Four marks another important milestone in the local ceramics tile manufacturing industry of Ghana, and it is also of great significance to the promotion of the industrialization drive of the Ghanaian economy.

“Our massive investments as a profit-making company in Ghana also speaks to the friendly business policy of the Government of Ghana”, he opined.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: peacefmonline

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