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Central Oil Mills Limited.
1D1F: PRESIDENT AKUFO-ADDO INSPECTS WORK ON 95% COMPLETE CENTRAL OIL MILLS
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has inspected work Central Oil Mills Limited, a wholly Ghanaian owned agro-processing company located at Jukwa Mfuom/Asamanso in the Hemang Lower Denkyira District of Central Region, which specialises in oil palm development and palm oil processing, and is operating under Government’s 1-District-1-Factory initiative.
President Akufo-Addo visited the factory, on Tuesday, 19th October 2020, on day 2 of his 2-day tour of the Central Region.
As part of Government’s Industrial Transformation Agenda, Central Oil Mills, established in 2010, was identified as one of the potentially viable but distressed companies.
To this end, an organisational audit was conducted by a team of technical consultants from the Ministry of Trade and Industry, who recommended the company to the Ghana EXIM Bank for support under the One District One Factory (1D1F) programme.
Ghana Exim Bank, on 21st November 2018, approved a Medium-Term Loan Facility of GH¢12 million for Central Oil Mills Limited to undertake three main activities:
These are the rehabilitation and expansion of an existing primary crude palm oil processing factory at Jukwa-Mfoum, the establishment of a brand new secondary (value-addition) oil palm processing factory at Jukwa-Asamanso, with capacity to process vegetables (Canned and bottled products), and the expansion and development of oil palm plantation.
The Bank subsequently approved a supplementary loan of GH¢2 million for the project, thus bringing the total loan approved for the project to GHS14 Million.
The new factory at Asamanso and the expansion work at Mfuom are about 95% and 90% completed respectively, and are both expected to be fully completed by 30th November 2021.
The project involves the expansion of an existing oil palm mill with an initial capacity of 2,400 metric tonnes of fresh fruit bunches (FFB) per annum into a bigger mill with a minimum capacity of 12,000 metric tonnes of FFB per annum on a single shift, with capacity to do double shifts.
With a yield of 20%, this will produce 2,400 metric tonnes of palm oil per annum which could be processed into secondary canned and bottled products. In addition, through the revitalisation process, the company has increased its storage capacity from 30 metric tonnes to 150 metric tonnes.
The company has rehabilitated it existing oil palm plantation and has initiated the process to expand its plantation by 200 acres per annum over five years. This is being supported by the acquisition of new trucks, and farm implements to support cultivation and transportation. The company also has existing nucleus farms at Jukwa Mfuom and its environs and also about 50 out-grower individuals.
The project is expected to create a minimum of 200 direct jobs from its current skeletal workforce of 30 persons when fully operational. More than 500 indirect jobs will be created within two years at both factory sites and from the plantation.
Buyers from South Africa, Italy, Netherlands and Nigeria are already in discussions with the company for export of finished products, thus opportunity to generate foreign exchange for the country.
Ekumfi Fruits and Juices Factory outdoors two new products:Pineapple beer and Pineapple shandy. #1D1F
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Protecting the Legacy: #1D1F
1D1F: PRESIDENT AKUFO-ADDO COMMISSIONS GH¢6.2 MILLION SHOE MANUFACTURING FACTORY
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Wednesday, 6th October 2021, commissioned ‘Shoe Fabriek Ltd.’, the GH¢6.2 million shoe manufacturing company operating under Government’s 1-District-1-Factory initiative.
The state-of-the-art factory is fitted with the requisite infrastructure and equipment capable of producing 800 pairs of high-quality shoes, including security boots, school shoes and casual shoes for men, women, and children, per day.
According to the promoters of the project, the siting of the factory in the Akuapem North District is going to create jobs for the residents, which will help reduce rural-urban migration.
Shoe Fabriek has, so far, created jobs for one hundred and forty-four (144) people in the district, and is a classic example of the import substitution programme being implemented by the Ministry of Trade and Industry, as part of the 1D1F Initiative.
President Akufo-Addo congratulated the promoters of the factory, Michael Asare Bediako, Opoku Benson and Salomey Gyamfi, for supporting the industrial transformation agenda of his administration.
Whilst encouraging Ghanaians institutions, such as schools, to patronize made in Ghana shoes from this factory, the President expressed gratitude to the traditional authorities and the residents of the community for their unflinching support to the company, and advised the workers to put in their best to ensure sustained growth of the company.
As of September 2021, 278 1D1F projects are at various stages of implementation under the 1D1F Initiative. Out of this number, 104 are currently in operation, 150 are under construction and 24 are at the mobilization stage. one hundred and sixty-five (165) out of the 278 are new projects representing 60% whilst 113 companies are existing projects being supported, representing 40%.
In promoting the 1D1F initiative, the Akufo-Addo Government is seeking to address the youth unemployment challenge, by attracting private sector investments into the development activities of these communities.
Adukrom-Nkurakan Road 30% complete
The President also inspected ongoing work on the reconstruction of Nkurakan – Adukrom – Trom Junction Road. This bituminous road has not seen any major intervention for a very long, as such the road is narrow and in poor condition.
The road was awarded on 23rd December 2020 to Messrs. General Construction & Development Limited, with work commencing on 19th July, 2023.
It is expected that, when the road is completed, it will bring relief to both motorists and pedestrians. It will reduce vehicle operating cost and reduce travelling time and facilitate the movement of goods and services. It will also serve as alternative link to Koforidua, the regional capital when coming from Mamfe.
1D1F: PRESIDENT AKUFO-ADDO COMMISSIONS GARMENT MANUFACTURING FACTORY AT KOFORIDUA
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 5th October 2021, commissioned ‘MaaGrace Company Ltd’, a garment manufacturing company, operating under Government’s 1-District-1-Factory initiative.
The company specialises in the production of utility clothing, uniforms for security forces, hospital scrubs, uniforms for hotels, uniforms for schools and production of standardised uniforms.
Equipped with 600 industrial machines, and with the support from the Ministry of Trade and Industry and Ghana EXIM Bank, the company was able to export 20,000 and 80,000 units per month, in 2019 and 2020 respectively, of hospital scrubs and uniforms for chefs to the United States.
The company commenced operations in 2003 under the Government of former President John Agyekum Kufuor. However, its operations went down upon the exit of the Kufuor-led Government. In 2017, the company applied for support under the 1-District-1-Factory initiative, and has since seen its operations resuscitated.
President Akufo-Addo commended the management of the company, and, indeed, other garments and textiles factories in the country, for the support extended to the Government in the fight against the COVID-19, by domestically manufacturing personal protective equipment (PPEs) for use by frontline health workers and other professional.
MaaGrace Limited was one of the leading garment companies that produced over 2 million face masks, 18,000 hospital gowns and headcovers, as well as 12,000 medical scrubs within a short period of time, a classic example of Government’s import substitution strategy, which is one of the strategic objectives of the 1D1F Initiative.
The promoter of the business, Mrs. Comfort Owusu-Agyemang, told the President of the significant employment opportunities created by the company, which underscores the strategic intervention the 1D1F programme is playing in fixing the challenges that confront Ghanaians, particularly youth unemployment.
She indicated that some six hundred (600) youths from across the New Juabeng North Municipality and its environs have secured employment in their locality, which prevents rural-urban migration, another strategic objective of the 1D1F initiative.
With the support of Ministry of Trade and Industry, Ghana EXIM Bank, and Ethical Apparel Africa, the number of persons to be employed is expected to increase significantly.
The establishment of the One District One Factory (1D1F) initiative is in fulfillment of a campaign promise by the NPP, under the leadership of the President, to support the private sector to establish at least one industrial enterprise in each of the administrative districts of the country.
The concept of the One District One Factory (1D1F), among other initiatives of the Government, is designed to transform the industrial landscape of the country, and build the capacities of local enterprises to produce high quality products and services for both domestic and foreign markets.
New Juaben North District Assembly Block
President Akufo-Addo also commissioned the newly constructed Administration Block of the New Juaben North Municipal Assembly. The building has been constructed to ensure effective administration of the assembly.
It will be recalled that the New Juaben South Municipal was carved out in 2017 by a legislative Instrument (LI) 2302
The contract was awarded to Messers King Dwosco Enterprise Limited with a contract sum of GH¢3,442,539.45 with EcoPlanners & Engineering Consult as consultants to the project.
1-DISTRICT-1-FACTORY INITIATIVE REVITALISES DARKO FARMS
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Saturday, 2nd October 2021, visited the premises of Darko Farms, the oldest private and largest poultry farm in Ghana, whose operations have been revamped by Government’s 1-District-1-Factory initiative.
Having been a household name for most Ghanaians, having dominated most supermarkets and distribution outlets for fresh chicken particularly in Kumasi and Accra, Darko Farms went through a period of decline, due to major challenges that confronted the domestic poultry industry in the late 1990s including high cost of feed, inefficiencies across the value chain, high electricity and operational cost, as well as competition from cheap imported poultry products.
As part of Government’s Industrial Transformation Agenda, being implemented by the Ministry of Trade and Industry, Darko Farms Company was identified as one of the distressed but potentially viable companies.
As a result, the company, in 2017, applied to be part of the flagship 1-District-1-Factory initiative, and. after a comprehensive review by the Technical Support Group of the Ministry, an amount of GH¢22.1 million was granted as a loan facility to the company by Ghana EXIM Bank.
The amount was earmarked to revamp the company’s operations, by upgrading the plant and equipment, retooling the hatchery, feed mill and processing facility and as working capital support. The company has also applied part of this facility to establish an out-grower scheme, where a number of poultry farmers are supported with broiler chicks, feed as well as technical assistance to breed their birds.
Darko Farms currently has a processing plant operating at 10,000 birds per day with one shift, and 20,000 birds per day with two shifts. It has a hatchery with capacity to produce 6-million-day-old chicks a year, breeder farms with a bird population of about 30,000 per batch, a layer farm with capacity of 100,000 per batch, and commercial broiler farms with capacity of 350,000 birds per cycle of 8 weeks.
In addition, the company has a feed mill with an installed capacity of 96 metric tons of feed per day, and a storage cold room of 500 metric tons.
Thus far, the company has created direct employment opportunities for some 250 workers, and indirectly for over 500 people, including out-growers, distributors, and transporters. At full operational capacity, the company will directly employ more than 400 workers, with 700 being indirect employment.
Darko Farms is currently engaged in negotiations with the Mohinani Group to become the major local supplier of processed chicken for Kentucky Fried Chicken (KFC) restaurant chain. KFC through its local supplier has indicated its preparedness to off-take 100,000 birds monthly from Darko Farms under YUM certified conditions.
As of September 2021, 278 1D1F projects are at various stages of implementation under the Initiative. Out of this number, 104 are currently in operation, 150 are under construction, and the remaining 24 are at the mobilization stage.
One hundred and sixty-five (165) out of the 278 projects, that is 60% of the factories, are new projects, whilst 113 companies are existing projects being supported, representing 40%.
President Akufo-Addo has just commissioned CH Global Limited, the GH¢10 million yam and cassava processing factory, operating under Government’s 1-District-1-Factory initiative.
The state-of-the-art factory located at Addo Nkwanta, in the Krachi East District of the Oti Region, processes an average of 120 tubers of yam per hour, resulting in 60 bags of processed yam chips and yam balls. The coming on stream of the cassava production line, in the course of next year, will result in the processing of some 700 metric tons of cassava per year.
In all, a total of 254 people are being employed by this factory.
1D1F: PRESIDENT AKUFO-ADDO COMMISSIONS $2.1 MILLION RUBBER PROCESSING PLANT
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Friday, 3rd September 2021, commissioned the Narubiz Rubber Factory, a company operating under Government’s 1-District-1-Factory initiative, at Wassa Dompim, in the Wassa East District of the Western Region.
The factory, which is a 100% Ghanaian owned company, has the capacity to process twenty (20) tons of rubber per day for export to countries such as Turkey, Malaysia, and Hong Kong. It is expected that a total of 6,240 tons of processed rubber per year will be exported, which will generate some US$9.6 Million of foreign exchange into the country.
Commissioning the factory, at the commencement of his 2-day tour of the Western Region, President Akufo-Addo that the total investment for the factory is US$2.1 million, with GCB Bank providing a US$1.38 million loan facility to the company, under the 1D1F Initiative being implemented by the Ministry of Trade and Industry.
In addition, the factory has enjoyed import duty exemptions on plant, equipment, and machinery from Government which among other incentives, have been designed to boost the competitiveness of the companies operating under the 1D1F programme.
The factory, whose construction began on 10th February 2020, currently offers direct and indirect employment to over 1,340 employees including out-growers, latex harvesters, farm maintenance workers and transporters.
The President noted that the siting of the factory in the Western Region will encourage more Ghanaians to engage in the cultivation of natural rubber in the catchment area, as well as other neighbouring regions to feed the state-of-the-art factory.
With Ghana’s emerging automobile industry, he was confident that factory will play a critical role in the development of component parts for the auto industry, such as vehicle tyres, car seats and fan belts, which could be produced from the raw materials currently being manufactured from Narubiz Rubber Factory.
President Akufo-Addo commended the Business Promoters and Traditional Authorities of the area for their unflinching support for the project, as well as GCB Bank for providing the loan facility for the establishment of the factory.
Phase 3 KEDA Ceramics Factory
In Shama, the President commissioned Phase 3 of the KEDA Ceramics factory, whose construction started in September 2019, and was completed in June 2021.
The factory has generated some 2,000 direct and 5,000 indirect employment opportunities, with the company having invested some $150 million in all three phases, resulting in an increased production capacity of 150,000 square metres of tiles per day. Currently, the company exports 60% of tiles produced to the West African market.
It will be recalled that the President on Tuesday, 23rd July, 2019, cut the sod for the thirs phase of expansion works of the factory, a company operating under Government’s “One District, One Factory” initiative.
President Akufo-Addo stated, at the time, that “the operations of the company have also seen a significant reduction in the import of tiles by as much as 14%. The contribution that this company is making in the industrialization agenda of the country and the transformation of our economy is significant.”
Particularly happy about the decision of the company to source their raw materials locally, the President noted that “many of those things we can do here in Ghana, we intend to begin the process of doing them here in Ghana. That is the way we can develop our economy and begin to address the living standards of our people.”
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