Friday, 8 Aug 2025
  • My Feed
  • My Interests
  • My Saves
  • History
  • Blog
Subscribe
FM News Online
  • Home
  • Opinion

     Nursing Trainees receive 6-month allowance as President delivers on his promise

    By Edzorna Francis Mensah

    2025 Budget loaded with deliverables, 24hr Economy now a household name -Kpando MP

    By Edzorna Francis Mensah

    Minority Leader in Ghana’s Parliament expresses deep grief over tragic helicopter crash that claimed 8 lives

    By Edzorna Francis Mensah

    Richard Gyan-Mensah Reaffirms Ghana’s Commitment to Energy Access and Reform at Mission 300 Compact Workshop

    By Edzorna Francis Mensah

    Togo’s Unrest: protests erupt over constitutional reforms and economic desperation in Lomé Streets

    By Edzorna Francis Mensah

    Government to hold talks with US Ambassador over new 10% tariff on imports

    By Zeze Jones
  • Politics

    Ghana Infrastructure Investment Fund Board Inaugurated

    By Edzorna Francis Mensah

    GFA congratulates Speaker Bagbin, presented to him “State of Ghana Football,”

    By Edzorna Francis Mensah

    Binduri MP calls for urgent need for collective action to combat drug abuse in Ghana

    By Edzorna Francis Mensah

    Ghana’s doors open for all ICT investment” –Samuel Nartey George

    By Edzorna Francis Mensah

    Nana Agradaa sentenced to 15 Years in Prison

    By Edzorna Francis Mensah

    Gov’t Submits Legislative Instrument to Boost Competitive Power Procurement

    By Edzorna Francis Mensah
  • Health

    Speaker Alban Sumana Kingsford Bagbin inaugurates the National Integrity Awards Committee

    By Edzorna Francis Mensah

    MCE for Ketu North visits Girls in ICT Workshop Centres

    By Edzorna Francis Mensah

    Ghana Free Zones Authority (GFZA) participated in the launch of the 2025 World Cooperation Industries Ghana Forum

    By Edzorna Francis Mensah

    What Ghana stands to gain from India following Prime Minister’s remarkable visit: Edzorna Mensah writes

    By Edzorna Francis Mensah

    Former Finance Minister Dr. Mohammed Amin Adam sounds alarm on unreliable Government financing plans

    By Edzorna Francis Mensah

    Sapeiman Swoops: Suhum MP expresses disappointment in answers to intercepted gold bars, counterfeit US dollars

    By Edzorna Francis Mensah
  • News
  • International
  • Sports
  • Account
  • 🔥
  • News
  • Economy
  • Politics
  • Governance
  • Uncategorized
  • Health
  • Religion
  • Education
  • Sports
  • Editorial
Font ResizerAa
FM News OnlineFM News Online
  • My Saves
  • My Interests
  • My Feed
  • History
  • Education
  • Editorial
  • Politics
  • Health
  • ICT
  • International
Search
  • Home
  • Opinion
  • Politics
  • Health
  • News
  • International
  • Sports
  • Account
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » Gov’t inaugurates interim Management committee to revive Komenda Sugar Factory
Economy

Gov’t inaugurates interim Management committee to revive Komenda Sugar Factory

Edzorna Francis Mensah
Last updated: August 5, 2025 6:21 pm
Edzorna Francis Mensah
Published August 5, 2025
4 Min Read
Share
SHARE

In a decisive move by government to revive the long-dormant Komenda Sugar Factory, the Ministry of Trade, Agribusiness and Industry has inaugurated an Interim Management Committee (IMC) to lead the operational turnaround of the factory.
The inauguration, held on Monday, August 4, 2025, at the Ministry’s Conference Room, marks a renewed national effort to restore the factory to full functionality and economic relevance.

- Advertisement -
Ad image

Inaugurating the Committee, the Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, emphasized the significance of the factory as a “prized national asset” initiated under the previous National Democratic Congress (NDC) government, but left to deteriorate due to a host of operational and supply chain challenges.

She recounted the factory’s history, which dates back to 2013 when the Government of Ghana contracted Seftech India Pvt to construct a sulphurless sugar plant on a turnkey basis. Designed to produce 125 metric tons of sugar daily, with plans to expand into ethanol production and power generation, the project initially cost $36.25 million, funded through a loan from India EXIM Bank and a grant from EDAIF, now Ghana EXIM Bank.

Despite subsequent efforts, including the engagement of Park Agrotech as a strategic investor in 2020 and the involvement of West Africa Agro-Tech Company Limited (WAATCO) under the 1D1F initiative, the factory has yet to achieve sustainable operations. “In spite of these interventions, several attempts to operationalize the factory have not been successful,” the Minister noted.

To break this cycle, the Minister announced that President John Dramani Mahama’s government has constituted a high-level IMC tasked with diagnosing and addressing the root issues hindering the factory’s viability.

The six-point Terms of Reference given to the IMC include conducting a technical assessment of the factory’s assets, reviewing its financial and business viability, evaluating the sugarcane raw material supply chain, identifying a credible strategic partner, reviewing the Ministry’s operational roadmap, and proposing a transition plan toward full operations.

- Advertisement -
Ad image

Hon. Elizabeth Ofosu-Adjare underscored the broader national significance of the project: “The Komenda Sugar Factory holds the potential to create enormous jobs in the catchment area and cut down on the volume of sugar imports into the country.” She added that the Ministry is committed to supporting the IMC with the resources required to fulfill its mandate effectively.

In his response the chairman of the IMC Kwame Owusu Sakyere expressed appreciation to the President and the Minister for Trade, Agribusiness and Industry for entrusting the committee with the tasks of reviewing the factory.
” We are honoured by the confidence response in us, he, we pledged to diligently work on the terms of reference and deliver with the timelines assigned to us”.
The IMC, chaired by Mr. Kwame Owusu Sekyere (Esq.), includes Ing. Douglas Mensah, Mr. John Doku, Lt. Col. (Rtd.) George Afful, and Mr. Ransford Vanni Amoah as members.

The Committee is expected to submit its preliminary findings and recommendations to the Ministry within eight weeks.

The inauguration of the IMC signals a renewed determination by the government to breathe life into one of Ghana’s key industrial initiatives and transform it into a sustainable source of employment and import substitution.

Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Tamale VRA/NEDCo Staff withdrew all services within the Metropolis following citizens’ attacks
Next Article Finance Minister decries mismanagement at PBC, charges new Board to restore integrity and viability
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

Transformative agenda: Anloga DCE names 8 priority areas

The District Chief Executive Officer for Anloga, Sandra Seyram Kpedor, has outlined Eight (8) priority…

By Edzorna Francis Mensah

Kofi Adomakoh Resigns as Chairman of GSE Council

Former Managing Director of GCB Bank, Kofi Adomakoh, has resigned as Chairman of the Ghana…

By Edzorna Francis Mensah

GIPC to establish AfCFTA focal desk to support local investors

The Ghana Investment Promotion Centre (GIPC) will establish a dedicated AfCFTA focal desk to coordinate…

By Edzorna Francis Mensah

You Might Also Like

Economy

Trade Ministry holds Stakeholder Validation Workshop on draft Textiles and Garments Manufacturing Policy

By Edzorna Francis Mensah
Economy

Professor John Gatsi explains Ghana’s Petroleum Revenue allocation and Fund Management

By Edzorna Francis Mensah
Economy

Finance Minister decries mismanagement at PBC, charges new Board to restore integrity and viability

By Edzorna Francis Mensah
Economy

Cocoa Prices up from US$3,100 to US$5,040 per tonne

By Edzorna Francis Mensah
FM News Online
Facebook Twitter Youtube Rss Medium

About US


FM News: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.
Top Categories
  • International
  • Editorial
  • Politics
  • Tech
  • Health
  • Education
Usefull Links
  • Contact Us
  • Advertise with US
  • Complaint
  • Privacy Policy
  • Cookie Policy
  • Submit a Tip
© FM News Online. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?