Prez. Mahama to commission Komenda Sugar Factory today

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mahama-at-independence-day-celebrationPresident 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

ABOUT: Nana Kwesi Coomson

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A Freelance Journalist, Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A contributory writer for Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morgan

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