Vice President Dr. Mahamudu Bawumia, Wednesday, commissioned the largest fertiliser blending factory in Ghana under the government's "One District, One Factory" initiative, at Asuboi in the Ayensuano District of the Eastern Region.
Glofert Fertilizer Factory can produce 120 metric tonnes of fertiliser per hour, and 840,000 metric tonnes of fertiliser annually, Ghana's demand for fertiliser annually, is 600,000 metric tonnes, according to officials of the Ministry of Food and Agriculture.
However, Golfert Fertiliser Factory produces over and above the country's requirement. This means, the factory could meet the country's demand for fertilisers, and export the remaining to other African countries.
Speaking at the commissioning, Vice President Bawumia urged COCOBOD and the Ministry of Agriculture, to liaise with the company to end the importation of fertilisers into the country.
Vice President Bawumia expressed delight at the successful partnership between the government, represented by the One District, One Factory Secretariat, and the private sector represented by Glofert Limited, which had led to the creation of jobs -- full-time employment for 35 persons and casual employment for 180 others.
"There is something special about today. Today we are adding one more major step towards achieving the President's vision of building a Ghana Beyond Aid. Because one of the pathways to achieving this vision is through agricultural transformation -- making farming attractive, increasing farmers' productivity, increasing their income and making it possible for agriculture to support industrialization," he stated
"The Government of H.E Nana Addo Dankwa Akufo-Addo has been very keen about delivering on its promise to create a viable, self-sustaining economy. One of the means by which this can be achieved is through modern industrialisation and to reduce our dependence on the outside world through imports to produce our food," and this would largely be done through the One District, One Factory Initiative, the Vice President indicated.
According to the Ministry of Trade and Industry, 181 1D1F projects are at various stages of implementation. As at mid-year 2019, 57 projects are in operation and 22 are under construction. An additional 33 projects financed by local PFIs are ready for implementation before the end of 2019.
Fifty-six Small Scale Processing Facilities under the Enable Youth initiative financed by the African Development Bank (AfDB) will begin construction across 56 Districts before the end of 2019. Five Common User Processing Facilities projects to be owned by organized farmers groups, funded by the AfDB will commence construction before the end of 2019.
"In addition, eight large scale processing plants financed under the China National Building Materials (CNBM) Corporation facility are currently being processed to begin implementation before the end of 2019," Vice President Bawumia added.
Vice President Bawumia disclosed that the government had obtained Parliamentary approval for tax incentives framework covering various tax exemptions for companies seeking to operate under the 1D1F programme, including five-year tax holiday; waiver from import duties and taxes on equipment, machinery and parts; waiver from payment of duties and levies on raw materials; and a waiver from the payment of withholding taxes.
On his part, the Chief Executive Officer (CEO) of Glofert, Rev. Foster Mawuli Benson, expressed appreciation to the government for the support.
Glofert is a wholly-owned Ghanaian Company focussing on improving crop production and ensuring food security.
The company produces 4 types of fertilisers -- Builder sulphate of Ammonia; SUPER Nokia 23:10:5; POWER urea 46%N; and TRIPPLE ACTION Npk 15:15:15.
The company's purpose is "growing growth" by creating value, and improving lives through the sustainable and environmentally friendly provision of fertilisers across the continent of Africa.