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
-
NATARAJ Art competition inspires young creativity in Ghana
22 minutes -
Ebola vaccine could take nine months as death toll rises further, WHO warns
42 minutes -
Money can be traced in GIIF ‘Sky Train’ case – Kow Essuman fires back at Deputy AG
45 minutes -
25/26 UEFA Europa League: Unai Emery leads Aston Villa to first European trophy in 44 years
52 minutes -
Southampton lose appeal against play-off expulsion
58 minutes -
SkySat Technologies, Konica Minolta launch VIP Experience in Accra
1 hour -
Africa’s capital must power digital innovation and infrastructure – KGL Group Chair
1 hour -
Policy rate cuts won’t spur growth without cheaper bank loans – Economist
1 hour -
OBZ Group founder urges regulation of fuel sales in galamsey communities
2 hours -
Closure of Kaneshie footbridge forces traders, commuters to risk crossing highway daily
2 hours -
World Bank mission team pays courtesy call on Gender Minister
2 hours -
Aggrieved customers threaten fresh protests at Finance Ministry over unpaid locked up funds
2 hours -
‘Did Mahama lie his way to power?’ – Gold Coast Customers react to compensation delay
3 hours -
“We don’t have the money to pay” – Finance Minister tells financial sector victims
3 hours -
ORAL: Prosecution closes its case in Skytrain trial
3 hours