Ghana Chamber Of Commerce And Industry Commends Government For The Resuscitation Of...

Ghana Chamber Of Commerce And Industry Commends Government For The Resuscitation Of Komenda Sugar Factory

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The Ghana Chamber of Commerce and Industry (GCCI) has commended the government for initiating moves to resuscitate the Komenda Sugar Factory in the Komenda Edina Eguafo Abirem Municipality of the Central Region.

It is indisputable that there is the need for that giant step towards reviving the sugar factory which has the potential of offering over 3000 jobs for Ghanaians and also provides some raw materials for the local industry. It is about time African leaders learnt to maintain and improve what they have to create sustainable developments for their people.

The attitude where we leave viable national business ventures to rot should be a thing of the past if we are to witness any meaningful and progressive development as a nation. The government should put in place competent and qualified persons with the right technical and managerial skills to manage the project.

It is also interesting to note that the Komenda project will contribute about three Megawatts of electricity to the nation’s power grid. Indeed, a project that has the capability of providing its own power for its activities and even adds to the national grid is worthwhile and calls for immense support from both government and the private sector.

It is therefore important for the private sector to be keenly involved in the operations of the factory in diverse ways.

The GCCI believes this laudable initiative would help the country to cut down on the huge sugar import cost and save the nation over $300 million which will go a long way to strengthen the local currency. The government should also move a step further to revitalise all other state ventures that are either dead or on the brink of collapsing.

We endorse the President’s call for the use of local products and hope we would all embrace it and make it work. Those who would be employed should realise that the factory is for all Ghanaians and not the government.

The Ghana Chamber of Commerce and Industry together with its teeming members will do everything in its capability to assist in making the project a success.

Sgd.
Hon. Dr Seth Adjei Baah
(President)

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