1D1F 3 projects ready to be rolled out – Secretariat

THE agro processing projects that feed into the government’s One-District-One-Factory Policy (1D1F) initiative are ready to be rolled out, the 1D1F Secretariat has said.

 

This follows their successful passage through evaluation at the Secretariat and their subsequent approval by the banks that are ready with the funding mechanism.

The projects are Amantin Agro Processing Project; Asikess Ventures Limited, and; Kpetsu, Adaklu Agro Processing Project.

All the three projects will wholly rely on cassava for production.

The Amantin Agro Processing Project, which will be located at Atebubu Amantin in the Brong Ahafo Region, has a processing plant capacity of 1,200 tons per day, and is expected to produce seven (7) tons of industrial starch every twenty-four (24) hours.

National Coordinator of 1D1F, Hon Gifty Ohene Konadu, commenting on the facility said prefabricated materials for the construction of the factory have been shipped to Ghana with part of the shipment having “already arrived at project site.”

The factory, she added, has six (6) dams to ensure all-year round cultivation.

The facility will be supported by 8,000 acres of cassava nucleus farms with additional 8,000 acres to be added in the coming months. The national coordinator stressed that funding for the project was “firmly secured.”

The first phase of the project is estimated to create 3,000 direct employment.

This agro processing plant will be established on a 9,000-hectare land at Begoro Aburaso in the Eastern Region. It will have a capacity of 100 metric tons per day.

Out-growers with two (2) acres holding per unit are expected to be organised to produce the raw materials to feed the factory.

According to Madam Ohene Konadu, seedlings, land clearing devices and weedicides will be supplied to the out-growers to fast-track their work.

The Kpetsu, Adaklu Agro Processing Plant will be located on a 16,000-acre land at Kpetsu in the Volta Region. Even before the factory takes off, 1,500 acres out of the 16,000 acres of the acquired land have been cleared with 650 acres of cassava of various species cultivated.

Madam Ohene Konadu speaking on the facility said that an additional 50 acres of land have also been acquired to house factory buildings and offices. Out-growers schemes will soon be organised to support the project.

The Ghana Export and Import (EXIM) Bank has approved GH₵7.7million to finance the entire Ekumfi Fruits & Juices Company Limited located in Ekumfi Abor in the Central Region.

The first tranche has already been released and spent on the acquisition of implements such as tractors, tricycles and pick-up vehicles needed for operations for the first phase of the project.

Machinery for the factory is being procured and should be ready for shipment to Ghana shortly.

The National Coordinator for the One-District-One-Factory (1D1F) Secretariat, Hon Gifty Ohene Konadu, who confirmed this in a telephone interview said installation of the machinery for the factory will commence in the first quarter of 2018. She was giving an update on the Ekumfi Fruits & Juices Company Limited and the outlook for 2018.

The contractor, consultant and engineers are already on site in preparation for the necessary excavation and leveling works for the construction of the factory building, she added.

Additionally, 600 out-growers who have been registered and their lands verified have been grouped on block farms in four (4) different communities for training.

Training for the first batch comprising 80 farmers from Ekumfi Ayisam, she said, was held on Tuesday, December 19, 2017 with the remaining batches expected to receive theirs in January 2018.

Mrs. Ohene-Konadu is confident that construction of the factory building will be completed on schedule.

Touching on the outlook for 2018, she disclosed that three agro processing projects are ready for sod cutting following their successful passage through evaluation at the Secretariat and their subsequent approval by the Banks.

The projects include; Amantin Agro Processing Plant; Asikess Ventures Limited; and Kpetsu, Adaklu Agro Processing Plant all of which will wholly rely on cassava for production.

Apart from that, the Secretariat has forwarded 60 business plans and proposals to some participating financial institutions to study. 28 of such proposals have been submitted to GCB Bank and the remaining 41 to Ghana EXIM Bank.

The business plans, she added, were submitted between the period of October 6 and 21 December, 2017. Ten (10) additional projects have also been submitted to the African Development Bank (AfDB) for infrastructural support.

According to Madam Ohene Konadu, four (4) of the business proposals have been processed by the banks and credit reports written on them for onward submission to the Risk Department and Board for final approval.

Four (4) of the business proposals are still in the processing stage with the promoters of these businesses expected to provide further documents to the financial institutions for processing.

The banks, she further noted, have also made initial contact with forty-two (42) promoters and are waiting for these promoters to revert with the necessary documentation in order to progress with their applications.

The proposals thus far cover five (5) main broad sectors namely; Agro Processing – Livestock (10); Agro Processing – Crop (27); Hospitality/Fashion (15); Manufacturing (other than agro products) (16); and health (1) in all the ten (10) regions.

Regional Distribution

The table below shows the regional distribution.

Region and number of proposals

Greater Accra 11

Brong Ahafo 5

Ashanti 12

Central 5

Western 6

Volta 3

Eastern 12

Northern 12

Upper East 2

Upper West 1

Total 69

 

Story Freeman KORYEKPOR AWLESU

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