The Chief Executive of the Asokwa Municipal Assembly (MCE) has revealed plans to revive some defunct factories in the municipality.
The Jute Factory, among others, according to Akwannuasa Gyimah, has attracted strategic investors to revamp it.
“Asokwa used to be very vibrant. We are trying to bring investors. As I speak to you, there has been a promoter for the Jute Factory. He is bringing in all the needed machines. Engineers are on site fixing the machines,” he told David Akuettey on LUV-IN-THE-MORNING on Luv FM.
The MCE also revealed that Twellium Ghana is already setting up operations in the municipality.
“We also have Twellium Ghana, they are the producers of Verna Mineral Water. They have put up a factory. I believe this will create employment in the municipality.
“It is a fact that Asokwa is an industrial area. We have the facilities, structures and buildings. An investor will have that advantage by not starting from scratch,” said Mr. Gyimah.
The Asokwa Municipal Assembly used to be the hub for wood processing and lumber business in the Ashanti Region.
Mr. Akwannuasa Gyimah added that plans are underway to breathe life into the industry that once created employment for the people of Asokwa and its environs.
“Most of the industries that made Asokwa vibrant were timber firms. However, you know the situation of the wood processing industries in Ghana. We do not have the raw materials. That led to the collapse of many of the wood processing companies,” he observed.
He therefore assured that, “investors have declared their interest in revamping the industries. It is a gradual process and much energy will be put into it.”
- Afia Schwarzenegger fined GH¢60k in contempt case
- Deadline for Domestic Debt Exchange Programme extended to Feb 7
- Assault of Latif: Attorney General begs for time to pursue settlement talks
- Minority leadership rancour is a needless distraction – Okudzeto Ablakwa
- Trader jailed for causing harm to ‘Good Samaritan’
- Stonebwoy revisits VGMA brawl with Shatta Wale on The Breakfast Club
- UTAG-GIJ threatens to withdraw from UniMac merger
- Football transfers: Kamaldeen Sulemana chooses Southampton over Everton
- Former UGSRC Veep vows to defeat John Dumelo in Ayawaso West NDC primaries
- 3 teacher unions call on GES to halt emergency transfers
- Classroom Mothers: Nursing mother, 17, returns to school after childbirth
- ‘Kwabena Awuku will explain why he slapped me one day’ – Kobby Kyei
- Government starts construction of hostel facilities for head potters – Local Government Ministry
- The bizarre tale of Queen Victoria and the ‘stolen’ African boy prince
- Charity Yayra Adzam aka Lindavis
- NHIS medicines and service tariffs upwardly adjusted
- PayPal cuts 2,000 jobs as global economy weakens
- Daddy Lumba inspired me as a young producer – Appietus
- DDEP: Labour unions will meet to ‘advise ourselves’ – Angel Carbonu on pensions
- Ridge City signs agreement with Everton to become partner club
- Petrol, diesel now sell at ¢15.25, ¢15.90 per litre at pumps
- Will Smith and Martin Lawrence returning for fourth ‘Bad Boys’ movie
- Domelevo yet to receive emoluments nearly 3 years after being ‘forced out’
- Debt exchange: I don’t want to believe there are conmen in government – Carbonu on pensions
- Hubtel wins big at Ghana Fintech Awards 2022