LOADING

Type to search

$2.2m pepper factory for Tuobodom

botchway April 16, 2018

From Francis Owusu-Ansah, Sunyani
The Techiman North District Assembly in the Brong-Ahafo Region has allocated about ten acres of land for the siting of a US$2.2 million pepper factory at Tuobodom.
The factory, which falls under the government’s ‘One District, One Factory’ initiative, will be managed by Nafaaka Enterprise, a wholly-owned Ghanaian business.
The President and Chief Executive Officer (CEO) of Nafaaka Enterprise, Eric Kwaku Fakah Boahen, said the factory, when completed, would process raw pepper into powder, paste and other value-added forms mainly for export.
“All the necessary paper and ground work have been completed, and we are only waiting for the release of funds by the GCB Bank, which has agreed to support us. Our information is that the bank’s Board of Directors would be meeting soon to give the final approval of our request, after which the money would be released to us,” he said.
In addition to creating a ready market for pepper growers in and around Techiman, the CEO said about 1,200 acres of land would be secured by the company and used only for the cultivation of pepper to ensure the all-year-round availability of raw material for the factory.
The CEO said the factory would, at its initial stages, provide direct jobs to over one hundred people, while indirect jobs that would be created in the value-chain would be more than one thousand.
Mr. Boahen said the factory “would engage people with varied professional and academic backgrounds to occupy various positions. For instance, we will hire the services of technicians, supervisors, accounts clerks, administrators, drivers and a host of others.”

Leave a Comment

Your email address will not be published. Required fields are marked *

Show Buttons
Hide Buttons