
Audio By Carbonatix
The first private sector wholly Ghanaian-owned cement factory, Dzata Cement, is projecting to produce about three million tonnes of cement for the Ghanaian and African markets when fully operational.
This follows a significant investment into an ultra-modern technology installed to begin production of the product by next month.
Managing Director for Dzata Cement, Nana Philip Archer made the disclosure when addressing the media after taking the Minister of Trade and Industry on a tour of the facility in Tema.
Philip Archer also told JOYBUSINESS that its product is expected to stabilize the market for stakeholders in the construction sector.
“What I can say is that we are bringing the highest quality of cement into the market and with the expectation that it will stabilize the supply and pricing as well.
Consumers should expect a different form of product quality made in Ghana, right here from Dzata Cement.
“The first phase which we are seeing will be giving us more than one million tonnes per year, but when we finish with the second phase and finally get the third phase on board, we will be ramping up to three million tonnes annually” he said.
With over US$100 million invested in the company, Dzata cement is set to begin production for the Ghana market with the vision of stabilizing the demand and supply of cement in the country.
Minister for Trade and industry, Alan Kyerematen after a tour of the project site said this would open doors of opportunity for many young Ghanaians to be gainfully employed.
The first phase of the project which is almost complete will be producing at a capacity of 1.2 million tonnes.
Mr Kyerematen charged the company to consider the use of local materials in the production process when the entire plant is fully operational.
He is optimistic that this development will bring a significant change in the cement supply chain.
Latest Stories
-
NPP leaders converge at party headquarters ahead of NEC meeting on polling station elections
2 minutes -
Fuel prices may rise in Ghana despite global drops – Duncan Amoah
5 minutes -
‘No one is above the law’- Volta Chiefs condemn EOCO over handling of Council of State member case
6 minutes -
AMA creates alternative pedestrian routes at Kaneshie after footbridge closure
9 minutes -
Ghanaians were misled- NPP accuses NDC of politicising Anti-LGBTQ bill
10 minutes -
Photos: Mahama receives full state welcome in Paris ahead of talks with French President Macron
31 minutes -
Deputy Health Minister endorses Women in Medicine Fellowship
32 minutes -
Duncan Amoah pushes for Consumer Protection Bill amid VIP fare hike
44 minutes -
LMWG backs Damang lease award to E&P, demands transparency and results
49 minutes -
Volta Chiefs condemns EOCO over alleged disregard for court ruling in Council of State member case
50 minutes -
Matthew Perry’s stepmother says ‘Ketamine Queen’ should get maximum sentence
50 minutes -
Northern Regional Police Command intensifies anti-drug operations, arrests 217 suspects
52 minutes -
The architect of a healthier Ghana: Mahama’s vision and legacy in primary healthcare
53 minutes -
Israel carries out large wave of air strikes across Lebanon
59 minutes -
BBC upholds complaints over racial slur in Baftas broadcast
59 minutes