
Audio By Carbonatix
Cabinet in the next two weeks will choose a strategic investor to partner government to operate the US$20 million Aveyime Rice Project.Cabinet sub-committee tasked to make the choice will pick one of two short-listed strategic investors.This was made known by the Chief Director of the Ministry of Food and Agriculture (MOFA), Dr. Gyiele Nurah in a chat with the Business & Financial Times newspaper on Monday.The prospective strategic investors are Messrs Integrated Rice Company and Messrs Prairie Texas Inc., whose technical and financial proposals are being considered by the Cabinet sub-committee.The choice of the investor paves the way for the reactivation of the multi million dollar facility which has been lying dormant ever since ministers of the previous administration were tried and jailed for causing financial loss to the state some six years ago.In September, 2006, the Ministerial Tender Committee invited firms to submit technical proposals for consideration.The rice mill, reputed to be the largest in Africa, has been operational under an Interim Management Committee (IMC) milling rice at a limited capacity from locally manufactured rice.Source: B&FT
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 Multimedia Group Limited.
Tags:
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 Multimedia Group Limited.
Latest Stories
-
Fires in Ghana: We know the next one is coming
6 minutes -
Kasoa Old Market demolition displaces hundreds as Assembly defends action
8 minutes -
Manhyia South MP demands PPA board minutes on ‘Big Push’ sole-sourcing approvals
19 minutes -
Today’s Front pages: Tuesday, April 7, 2026
22 minutes -
President Mahama praises GWL MD Adam Mutawakilu over Damongo Water Project progress
24 minutes -
Ghana–China Forum explores zero-tariff trade opportunities
42 minutes -
What is wrong with us?: A quiet truth we can no longer ignore
55 minutes -
What is wrong with us? : When sirens become symbols of power rather than protection and emergencies
1 hour -
Businesses scramble to get noticed by AI search
2 hours -
From perk to performance: Why employee wellness must be a core business strategy
2 hours -
Bank of Ghana’s $1.3bn profit from gold sale could help narrow 2025 losses
2 hours -
Odau Twafohene Baffour Osei Afrifa appointed Regent of Akyem Chia
2 hours -
We are focused on engineering low interest rate regime – BoG Governor assures
2 hours -
How Sporting hero Gyokeres could end European run
2 hours -
The attack on Ghanaian traders in Burkina Faso and the blame game: Why Hybrid Security Governance Holds the Key (II)
2 hours