General News of Friday, 5 April 2019Source: ghanaiantimes.com.ghGovernment seeks investor for Komenda Sugar Factory – Trade Ministerplay videoJohn Alan KyetematenTHE Ministry of Trade and Industry has initiated processes to attract a strategic investor to acquire the assets of the Komenda Sugar Factory and manage its operations, the sector Minister, John Alan Kyetematen has said. This, he said, formed part of government’s efforts to return the Komenda Sugar Factory to commercial production. “Overall, about 35 items had not been installed on commissioning although they are critical for the production of sulphurless white sugar,” he revealed to the amazement of legislators in the Majority. On the land reserved for sugar cane cultivation to feed the company, the minister said the land was “far less” than the 6,000 acres required to supply sugar cane to run the factory at full capacity. The Komenda Sugar Factory, established by Ghana’s first President, Dr Kwame Nkrumah was shut down after his overthrow.

Source: GhanaWeb April 05, 2019 04:07 UTC