The Sekyere East District Assembly in the Ashanti Region is partnering a private company, N-D Eco Limited, to establish a $50 million animal husbandry for the production of meat, milk, leather and other products.
The project will be implemented under the government’s flagship industrialization initiative dubbed One-District-One-Factory (1D1F). The Chief Executive Officer for N-D Eco Limited, Eugene Nyarko-Danquah, told TV3 infrastructural construction will take off in December. “We are looking at 20,000 cattle for the start with an initial amount of $50 million which we are hoping to receive by November,” he said.
He explained that the factory will serve the multi-purpose task of exploring opportunities in cattle rearing value chain. “The factory will have a section for beef and milk production, and another section for leather production. Biogas plant will also be built to make sure the faeces of the cattle do not go waste. Additionally, a veterinary centre will be constructed to cater for veterinary services in the district,” said Mr Nyarko-Danquah.
The Paramount Chief of Asokore, Professor Nana Susubiribi Krobea Asante, has handed over a 150-acre land to the Sekyere East District Assembly for the project. “We are all interested in development, particularly in creating employment opportunities for our youth. For this reason, we are delighted to be contributing to the government’s agenda of ‘1-District 1-Factory’ by making this land available for the animal husbandry project in our district,” said the chief.
District Chief Executive Mary Boatemaa Marfo said the project is in fulfillment of government’s promise of implementing the One-District-One-Factory policy. She added that the district is also considering partnering the private sector to establish a palm oil and banana processing factories.
To allay the fears of crop farmers in the district, the DCE emphasized the cattle rearing will be an in-house project, with no animal straying. As part of the project, a farm will be established to harvest food for the animals. The project is expected to create employment for hundreds of residents in the Sekyere East District.
By Ibrahim Abubakar
An Entrepreneur 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. 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. He is a 2018 Mandela Washington Fellow (YALI) who studied at Clark Atlanta University on the Business and Entrepreneurship track. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morganview all posts by: Nana Kwesi Coomson
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