Prez. Mahama to commission Komenda Sugar Factory today

President John Dramani Mahama will today commission the Komenda Sugar Factory in the Central Region.

The project came alive after government secured a thirty five million dollar Indian Exim Bank loan facility to revamp it.

Currently Ghana’s annual sugar requirement is estimated at close to four hundred thousand tonnes and the factory is expected to produce value added by-products such as energy and alcohol to support industry.

The New Sugar Factory is set to produce 150,000metric tones of sugar per year, and 1.0MW surplus power from the factory waste.

The Ministry of Trade and Industry, Komenda Sugar Company and the CEDECOM have come out with a proposed competitive price for the purchase of sugarcane to feed the factory.

-Ultimatefmonline

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ABOUT: Nana Kwesi Coomson

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An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

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