Government Ready To Partner Any Company Under 1D1F - Akufo-Addo

Government Ready To Partner Any Company Under 1D1F - Akufo-Addo

 

 

The President Nana Akufo Addo says the government is ready to partner all existing companies that are seeking expansion to create more jobs for Ghanaians under its flagship programme, One district, One factory. Mr Akufo Addo said this when he cut-sod for the phase three and phase 4 expansion of the Shama-based Twyford-KEDA

 

Ghana Ceramics plant. The president, who is on a two-day tour of the Western Region said such partnerships would not be discriminatory as the jobs that would be created from this company’s expansion would be for all Ghanaians and this commissioning and sod-cutting is also testament that government is ready to partner any

 

 

company that is ready to expand its production base to offer jobs to our young people. We are doing so without discrimination, being Ghanaian or foreign, so long as you are prepared to work and invest, you will have the support of this government, he said. The President also used the occasion to commend the Chiefs and people

 

 

of the Shama as well as the leadership of the region for also facilitating the operations of Twyford-KEDA Ghana Ceramics. The Managing Director of KEDA, Larry Li, said the phase 3 and 4 expansion will each add a thousand jobs and increase production to 150,000 square meters per day. Mr. Li assured that the company is committed

 

 

to its tax obligations towards the government, and is also working on transferring a good percentage of the company’s leadership to Ghanaians. This is expected to also increase revenue generation for the government through the payment of the Value Added Tax, Corporate Tax, the taxes also from local materials purchases, sub contractors and the raw materials sourced from local

 

 

 

 

suppliers. Our engineers and our professionals working here have trained and transferred related technologies and know-how to some key local employees. As part of our localization drive, we will in the next one 1 year hand over 40% of key and the technical positions to our local staff. This is our commitment to the localization of our factory, he said.