{"id":769662,"date":"2019-12-22T05:53:33","date_gmt":"2019-12-22T05:53:33","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/12\/22\/akufo-addo-commissions-1d1f-tomato-factory-at-shai-osudoku\/"},"modified":"2019-12-22T05:53:33","modified_gmt":"2019-12-22T05:53:33","slug":"akufo-addo-commissions-1d1f-tomato-factory-at-shai-osudoku","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/12\/22\/akufo-addo-commissions-1d1f-tomato-factory-at-shai-osudoku\/","title":{"rendered":"Akufo-Addo commissions 1D1F tomato factory at Shai Osudoku"},"content":{"rendered":"

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President Nana Akufo-Addo, on Thursday, December 19,\u00a0commissioned the Leefound Food Stuff (GH) Limited, a tomato processing factory operating under Government\u2019s 1-District-1-Factory initiative.
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The factory, located at Doryumu in the Shai Osudoku constituency, has been established by two Chinese Companies, Tianjin Limmin Condiments Co. Ltd. and Grand Rise Food Co. (GH) Ltd., to produce tomato paste, tomato ketchup and tomato juice and sauce, for both domestic and foreign markets.<\/p>\n

\"Akufo-Addo<\/figure>\n
\"Akufo-Addo<\/figure>\n
\"Akufo-Addo
President Nana Akufo-Addo<\/figcaption><\/figure>\n

With an initial investment of some $23 million, the company has the capacity to process approximately 60,000 tons of tomatoes annually, with the added potential of creating some 300 jobs at the factory particularly for the youth from Shai Osudoku.
\u00a0
Leefound Food Stuff (GH) Ltd has also indicated its preparedness to source fresh tomatoes locally through the establishment of the company\u2019s own nucleus farm and an out-grower scheme using current technology, including greenhouse farming.
\u00a0
Additionally, the company, in collaboration with research institutions in Ghana, is to develop improved variety of tomatoes in order to sustain its operations, and this will be done through the application of improved seedlings and best farming practices.
\u00a0
This arrangement is expected to offer tomato farmers in the community the opportunity to expand their farms, create opportunities for residents, as well as increase their income levels.
\u00a0
Commissioning the facility, President Akufo-Addo noted that the establishment of the $23 million is \u201can expression of the confidence the Chinese and other investors have in the management and direction of the national economy.\u201d
\u00a0
According to President Akufo-Addo, \u201cwe have the possibility, from here, to develop a large export market not just for ECOWAS, but, ultimately, when trading in the African Continental Free Trade Area begins, for the African single market. The programme for transformation, allied to value-addition to our agricultural produce, is represented by this factory here today.\u201d
\u00a0
The President expressed his appreciation to the President, Government and people of the People\u2019s Republic of China for the continued investments in Ghana, stating that \u201cit is yet another example of the very strong relations between the People\u2019s Republic of China, and the Republic of Ghana. I welcome that relationship, and I am hoping that out of it many, many more investments will come down the line\u201d.<\/p>\n

\"Akufo-Addo<\/figure>\n

\u00a0
He urged the Chiefs and people of Shai Osudoku to give the management of the company their maximum co-operation, assuring that \u201cShai Osudoku, like the rest of Ghana, is going to see serious transformation in the period of Akufo-Addo\u2019s presidency.\u201d<\/p>\n

Source: myjoyonline.com<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Nana Akufo-Addo, on Thursday, December 19,\u00a0commissioned the Leefound Food Stuff (GH) Limited, a tomato processing factory operating under Government\u2019s 1-District-1-Factory initiative.\u00a0The factory, located at Doryumu in the Shai Osudoku constituency, has been established by two Chinese Companies, Tianjin Limmin Condiments Co. Ltd. and Grand Rise Food Co. (GH) Ltd., to produce tomato paste, tomato […]<\/p>\n","protected":false},"author":1,"featured_media":769663,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-769662","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\nAkufo-Addo commissions 1D1F tomato factory at Shai Osudoku - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/12\/22\/akufo-addo-commissions-1d1f-tomato-factory-at-shai-osudoku\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Akufo-Addo commissions 1D1F tomato factory at Shai Osudoku - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"President Nana Akufo-Addo, on Thursday, December 19,\u00a0commissioned the Leefound Food Stuff (GH) Limited, a tomato processing factory operating under Government\u2019s 1-District-1-Factory initiative.\u00a0The factory, located at Doryumu in the Shai Osudoku constituency, has been established by two Chinese Companies, Tianjin Limmin Condiments Co. 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