GHACEM Produces More

0

Nana Owusu Afari

The President of the Association of Ghana Industries (AGI), Nana Owusu-Afari has observed that the increase in GHACEM?s production capacity to 3.4 million tonnes per annum at its Tema and Takoradi factories has helped to reverse the collapse of industries in the construction sector.

He said the construction industry depends a lot on GHACEM and therefore a disruption or inadequate supply of cement would bring discomfort to operators in the sector.

Nana Owusu-Afari made the observation in an address during the inauguration of a state-of-the-art mill by GHACEM at the Tema factory to augment its current production capacity with an additional one million metric tonnes annually.

This will increase the production capacity at the Tema factory from 1.2 million tonnes to 2.2 million tonnes per annum and will increase the overall annual capacity to 3.4 million tonnes, with productions from the Tema and Takoradi factories of the company.

Nana Afari said Ghana was experiencing a construction boom and this huge investment by GHACEM gives positive vistas of the future for the housing and construction industry.

Stressing that Ghana?s infrastructural deficit in the road network and housing stock are major concerns, he said ?what is being witnessed today is a clear manifestation of a bright future for the survival of our industries.?

In attendance at the event were top government officials and management of GHACEM, including the Minister of Trade and Industry, who represented President John Mahama, Morten Gade, Managing Director of GHACEM, Nana Prah Agyensaim VI, GHACEM Board Member and Daniel Gauthier, GHACEM Board Chairman and Member of the Managing Board of Heidelberg Cement Group of Germany.

In an address read on his behalf, President Mahama commended the Board and management of GHACEM, as well as its mother company, the Heidelbergcement of Germany, for their confidence in the Ghanaian economy, which has informed their decision to re-invest in the company.

Government, he noted, would continue to create the enabling environment for the private sector to participate in the delivery of decent and low-cost housing units for Ghanaians.

On his part, Morten Gade, Managing Director of GHACEM, cited the new production line as ?ample evidence of GHACEM?s commitment to produce enough cement to meet the ever-increasing demand for quality cement for important national and individual projects.

By Samuel Boadi

Send your news stories to newsghana101@gmail.com Follow News Ghana on Google News

LEAVE A REPLY

Please enter your comment!
Please enter your name here