ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

Government lacks political will to operationalise Komenda Sugar Factory – claims Vanni-Amoah

September 14, 2023
in Ghana General News, News
government lacks political will to operationalise komenda sugar factory claims vanni amoah
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp

ReadAbout

Speaker proposes to lock Parliament at 10:00 am to curb lateness

Re: Starlink operations are illegal in Ghana

Breaking with tradition in Malawi: Communities band together to protect girls’ rights

The Komenda Sugar Factory has failed to produce sugar and is currently rusting away after six years of commissioning.

ADVERTISEMENT

A former Board Secretary for Komenda Sugar Factory has accused the government of lacking the political will to operationalise the Komenda Sugar Factory.

Speaking in an interview on JoyNews’ The Pulse on Thursday, Ransford Vanni-Amoah said the sugar factory is very viable and therefore disappointed in the government for abandoning the project over the years.

He added, “Looking at its viability, I don’t think any government that has the nation at heart will let it sit idle while we import millions of dollars (of sugar) into this country.”

This, he explained is because the sugar importation affects the local economy.

“I am very passionate about this Komenda Sugar Factory because I know how it will help minimise the importation of sugar, but it seems government of the day is not willing, it lacks the political will to operationalise the factory,” he said.

Vanni Amoah

Former Board Secretary for Komenda Sugar Factory, Ransford Vanni-Amoah

Asked whether the Komenda Factory is not the case of a business gone wrong due to President Akufo-Addo’s comment that it was started on the wrong footing, Vanni-Amoah expressed his discontent over the comment while sharing a different perspective.

According to him, in sugar production, backward integration is permissible – explaining that raw materials are not grown before the factory is put up.

“Everywhere in this world, the sugar factories are built before the plantation because sugar is a perishable crop. So for instance, if we have grown all the sugar canes before we built the factory, which milling plants will mill those canes?”

“What the president is saying – maybe the president is ill-informed,” he added.

About the factory The Komenda Sugar Factory was built at a cost of $35 million from an Indian EXIM Bank facility.

It was inaugurated by then-President John Mahama in May 2016, but stopped operations not long after.

The factory was expected to employ 7,300 people along the value chain, boosting employment prospects in the Komenda-Edina-Eguafo-Abirem municipality.

President Akufo-Addo had given indications that the Komenda Sugar Factory would be fully operationalised in April 2022.

At the time, he said there were some civil works ongoing at the factory site, and that by the end of March 2022, all those activities would be completed to pave the way for production.

A Ghanaian-Indian company, Park Agrotech Ghana Limited, is the new investor expected to take over the operations of the factory.

The government in 2019 said the company was expected to inject $28 million into the factory between 2020 and 2023.

About $11 million was to go into sugarcane cultivation; $6 million to upgrade plant and machinery, and $11 million as working capital to bring the ailing factory back on its feet.

The Ghana-based company is a subsidiary of the Skylark Group of Companies of India, one of the largest integrated farming businesses in India.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

  • President Commissions 36.5 Million Dollars Hospital In The Tain District
  • You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
  • I Will Lead You To Victory – Ato Forson Assures NDC Supporters

Visit Our Social Media for More

ADVERTISEMENT

About Author

0f6ccc2bd34b021a48650d39076dcc2d?s=150&d=mm&r=g

hbtvghana

See author's posts

ADVERTISEMENT

Discover interesting ones too

Speaker proposes to lock Parliament at 10:00 am to curb lateness

Speaker proposes to lock Parliament at 10:00 am to curb lateness

0
Ghana Club 100: Newmont adjudged best company in Ghana

Ghana Club 100: Newmont adjudged best company in Ghana

0

Re: Starlink operations are illegal in Ghana

Breaking with tradition in Malawi: Communities band together to protect girls’ rights

We remain opposed to 2024 budget – Minority insists

Use indigenous solutions to solve Ghana’s problems – Jospong Group Chairman

Benonita Bismarck retires from Ghana Shippers’ Authority

Prof. Kwesi Yankah: The comic festival of running mates

Al-Mawasi: Gaza humanitarian zone not humane, evacuees say

Parliament begins consideration of Anti-LGBT bill

  • Ghana and Japan agree to pursue UN Security Council reforms

    Ghana and Japan agree to pursue UN Security Council reforms

    0 shares
    Share 0 Tweet 0
  • Steve Harvey’s Jaw-Dropping Revelation: Abandon Preconceptions and Embark on an African Adventure!

    65073 shares
    Share 0 Tweet 0
  • Climate crisis, empowerment, entrepreneurship, high on Kamala Harris’ agenda for Africa visit

    0 shares
    Share 0 Tweet 0
  • TOSOGHA to Launch Tourist Liberty Card on Nov 22

    0 shares
    Share 0 Tweet 0
  • Gold Mafia: Gold smuggler sneaks $40 million worth of gold out of Ghana every month

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.