Business News of Thursday, 9 September 2021
Source: kasapafmonline.com
2021-09-09
President Akufo-Addo commissioning a food processing factory at Adonkwanta
President Nana Addo Dankwa Akufo-Addo has on Thursday 9th September 2021 commissioned a food processing factory at Adonkwanta in the Krachi East Municipality of the Oti region.
The factory, CH Foods under the brand name CH Global Limited is a Ghanaian-owned company and has become the first-ever factory to be built in the Oti region under the government’s flagship One-District-One-Factory (1D1F) program.
The company currently has 52 direct and over 200 trained factory hands as workforce and would be engaged in yam and cassava processing.
According to the Technical and Operations Director of the company, Fred Darko the company would be exploiting the large yam and cassava production potentials of the Oti region for raw materials, with over 800 tubers expected to be processed daily, once the factory fully starts operations.
He said the decision to cite the company in Oti is to ensure that, “Currently, the company has trained over 200 out-growers in the local community and every single day, we have the local farmers bringing us their harvested yam for us to purchase, which is very good for them, which is enhancing their standards of living with a ready market for their produce.”
The CH Foods factory project which began in 2018 has been funded by the Eximbank at a cost of GH¢10 million.
President Nana Addo Dankwa Akufo-Addo who is currently on a two-day tour of the Volta and Oti regions would be visiting and inspecting other government projects in the two regions.