Komenda Sugar Factory
The Komenda Sugar Factory, set up to provide 7,300 direct and indirect jobs, remains shut, two years after its inauguration.
Sugarcane farmers and the people of the Komenda-Edina-Eguafo-Abirem municipality in the Central Region are, however, hopeful that efforts by the Ministry of Trade and Industry to reactivate the multi-million dollar factory will bear fruits.
The enthusiasm among farmers that they will get a ready market for their produce at the factory is fast waning.
The chiefs and people of the area feel disappointed with the current situation, as the government still cannot concretely tell them when the factory will start operations.
The Komenda Sugar Factory, built at a cost of $35million from an Indian Exim Bank facility, was inaugurated by then President John Mahama in May 2016, amid pomp and ceremony. The factory has the capacity to crush 1,250 tonnes of sugarcane per day.
Ghana spends about $200 million to import sugar annually and the new factory was expected to change the situation. Ghana’s annual sugar requirement, as of 2016, was estimated at 375,000 tonnes
The factory was also expected to generate energy for its production activities and produce by-products such as molasses for the alcohol industry. But many challenges, including the unreliable supply of sugar cane for continuous processing after the preliminary test run, stifled the leading operations of the company, leading to its closure a few weeks after inauguration.
the government initiated processes to revive operations of the factory in November 2017.
Mr Alan Kyerematen, the Minister of Trade and Industry, told Parliament that a $24.5million Indian Exim Bank credit facility was being secured to develop and implement a plantation and out-grower scheme in a bid to provide raw materials for the factory.
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