Government in talks with investor to restart Komenda Sugar Factory - Mahama
President John Dramani Mahama disclosed on Saturday, June 27, during his tour of the Central Region, that the government is in advanced discussions with a prospective investor to revive the Komenda Sugar Factory. President Mahama stated, "We are engaging with an investor who had already been in discussions with the previous government before we came into office. The Ministry of Trade has met with him, and discussions are ongoing."
Negotiations to revive the factory began before Mahama's administration assumed office, following earlier engagements between the previous government and the investor. The Ministry of Trade has continued discussions with the investor to assess the viability of the proposal. The investor proposed a ban on imported refined sugar to create a guaranteed local market for the factory's products. President Mahama stressed that such a policy decision would only be taken after the government is satisfied that the investor has the capacity to meet domestic demand. The government is considering a phased approach to gradually reduce sugar imports as local production increases.
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President John Dramani Mahama has disclosed that the government is in advanced discussions with a prospective investor to revive the dormant Komenda
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