HomeBusinessPresident Mahama cuts sod for massive new float glass factory in Shama

President Mahama cuts sod for massive new float glass factory in Shama

Date:

Related stories

‘It’s a gradual process’ — Adentan MP appeals for patience over road projects

The Member of Parliament for Adentan, Mohammed Adamu Ramadan,...

‘Cocaine Coast’ claims are mischievous – Majority Leader Agalga

Majority Leader in Parliament, James Agalga, has rejected claims...

PURC announces 0% adjustment for electricity, water tariffs

The Public Utilities Regulatory Commission (PURC) has maintained the...

Jomoro youth to benefit from One Million Coders programme

The Member of Parliament for the Jomoro Constituency in...

In a major boost to the nation’s manufacturing sector, President John Dramani Mahama has officially broken ground for the construction of the New Float Glass Manufacturing Company.

​The facility, located in the Shama District, is being hailed as a cornerstone of Ghana’s industrial transformation agenda, aimed at reducing dependency on imports and establishing the country as a regional manufacturing hub.

​The project, organized by KEDA (Ghana) Ceramics Company Limited, is not just an expansion but a strategic shift in Ghana’s industrial capacity.

Once fully operational, the float glass facility is expected to reach unprecedented benchmarks.


​
A daily output of 1,400 tons of glass, ranking it among the largest facilities of its kind in Africa.

​The project is projected to generate roughly $100 million in annual exports.

Significant contributions to national revenue through corporate taxes and the strengthening of local supply chains.

The development promises thousands of sustainable employment opportunities for the youth in the Western Region and beyond.

​Beyond the sod-cutting for the glass factory, the President also ​inaugurated the fifth phase of KEDA Ceramics.

​Commissioned a modern sanitary wares factory, further diversifying the locally manufactured goods available to the Ghanaian market.

​During his address, President Mahama emphasized that the success of such ambitious projects relies on a “triple-threat” partnership, government stability, investor capital, and community support.

​”Ghana’s industrialization will succeed when government provides stability, investors bring capital, and communities offer strong partnership,” the President noted.

​He further challenged the management and staff to take personal ownership of the facility, stressing that uncompromising quality and innovation are the only ways for Made-in-Ghana products to compete on the global stage.

​The New Float Glass Manufacturing Company is set to drastically reduce the nation’s glass import bill, potentially lowering costs for the construction and automotive sectors while boosting Ghana’s foreign exchange reserves through its aggressive export strategy.

​By 1960news.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of 1960news.com