Paul Amaning with the investors at the site
MARUBENI
Corporation, a Japanese firm, has undertaken feasibility studies on some acres
of land at Akyem-Asuom in the Kwaebibirem Municipality of the Eastern Region to
allow for the establishment of an oil palm factory under Government’s ‘One
District, One Factory’ initiative.
The project,
expected to start soon, would be known as “Demkyembour Oil Palm Company
Limited’’.
The investors from
Japan visited the site to have first-hand information and to take decisions for
partnership.
They visited one
of the palm oil seedlings suite located at Asuom and the site earmarked for the
construction of the factory.
The factory, when
completed, would produce large quantities of oil palm for export.
Paul Kwabena
Amaning, consultant to the project, and Managing Director of PMKF Ghana
Limited, who brought the Japanese company to construct the firm, told BUSINESS
GUIDE after touring the site with the Japanese officials, that the
benefits would be enormous, with several jobs for the unemployed youth.
KCM, he indicated,
had expertise in palm oil processing since it had been operating in Malaysia
and Indonesia, adding that the factory, when completed would also venture into
the manufacture of fertilizers and bio-fuels.
The Japanese
delegation, led by Yuichi Makita, told the media that they would also establish
some factories in other parts of the region.
He assured the
residents in the area to support the projects.
The team has so
far met with President Nana Addo Dankwa Akufo-Addo in Japan during a visit to
discuss the way forward.
BY Daniel Bampoe
