The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Saturday, 15th September, 2018, inspected ongoing works at the Casa de-Ropa Ltd, a “1-district-1-factory” initiative, in the Gomoa West constituency.
Speaking at the inspection of the 1 District, 1 Factory Project, President Akufo-Addo noted that the facility, constructed represents a significant a contribution to Government’s policy and aim of creating an avenue of more jobs for citizens in the country.
According to the President, the initiative is supported by the EXIM Bank, and is located at Gomoa Beadze, near Winneba.
The factory, sited on a 500-acre land, currently has over one hundred acres of sweet potato under cultivation. The factory also has developed five dams to irrigate the farms, and, thereby ensure all year farming.
The company processes Orange Fleshed Sweet Potato into four main products namely “Nature’s Harvest Potato Bread”, “Nature’s Harvest Potato Crisp”, “Nature’s Harvest Potato Chips”, and “Nature’s Harvest Potato Biscuits.”
The factories are expected to generate 17,183 direct and indirect jobs.
The EXIM Bank is fully sponsoring nine of the 12 projects, with the remaining three enjoying full financing from Barclays Bank, Stanchart and GCB Bank Limited.
The new factories are:
Ekumfi Fruits and Juices Limited
Located at Ekumfi in the Central Region, the Ghana EXIM Bank is sponsoring the company with an approved facility of GHȼ34 million.
It’s expected to create 1,860 jobs over three years, and will mainly process pineapple into juice and concentrate for the local market and for export.
600 acres of land has already been cultivated with 200 out-growers so far supported to grow pineapples.
The building of the factory has commenced, with part payment made for equipment.
Casa de Ropa Limited
Billed for Gomoa West in the Central Region, land clearing is ongoing for the cultivation and processing of sweet potatoes into bread, chips and biscuits.
Pieces of equipment for processing have been received but awaiting installation by engineers.
The project is expected to create 957 jobs over three years. It is being fully sponsored by the Ghana EXIM Bank with an approved facility of GHȼ14.4 million.
Petersfield and Rey Group Limited
The building of the factory located in the Komenda-Edina-Eguafo Abrem (KEAA) District is 90 per cent complete.
Meant to process pineapples and oranges into juices, the machines would be bought and installed in 60 days’ time.
The project is being fully sponsored by Ghana EXIM Bank with an approved facility of GHȼ6.75 million. It is expected to create 230 jobs over three years.