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Komenda Sugar Factory

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Komenda Sugar Factory
Company typePublic
Industry Sugar industry
FoundedFounded in 1964
Headquarters Komenda Cape Coast, Central Region, Ghana
Products Sugar

Komenda Sugar Development Company Limited [1] (also known as Komenda Sugar Factory) is a Ghanaian factory established in 1964 and its operations ground to a halt in the early 1990s. This was due to poor management and technical issues. [2]

In 2016, Government secured a $35 million developmental aid from the Indian government, followed by an additional $24 million investment to revamp the operations of the sugar factory. [3]

Revival

The sugar factory collapsed and it was inaugurated by the erstwhile John Mahama government in 2016. [4] [5] [6] This was made possible by a developmental grant facility of 35 million dollars from the Indian government. [7]

References

  1. ↑ "YEA CEO visits Komenda sugar factory". GhanaWeb. 2022-10-08. Retrieved 2023-08-21.
  2. ↑ "Komenda Sugar Factory: A rusting investment". MyJoyOnline.com. Retrieved 2021-10-23.
  3. ↑ "Govt to lease Komenda sugar factory for 15 to 20 years". 2024-08-01. Retrieved 2024-11-26.
  4. ↑ "Awaiting to die, the story of the Komenda sugar factory". GhanaWeb. 2020-03-20. Retrieved 2021-10-23.
  5. ↑ "Akufo-Addo takes on Mahama over recent remark on Komenda Sugar factory". Citinewsroom - Comprehensive News in Ghana. 2021-10-18. Retrieved 2021-10-23.
  6. ↑ "Report on Komenda Sugar Factory".
  7. ↑ "Alan hasn't sold Komenda Sugar Factory farm land to Akpeteshie distillers – Trade Ministry". Citinewsroom - Comprehensive News in Ghana. 2021-10-23. Retrieved 2021-12-14.


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