The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has lauded the expansion of KEDA (Ghana) Ceramics Company Limited as a landmark development in Ghana’s industrialisation drive, calling it a testament to the government’s commitment to creating a conducive environment for private sector growth.
Speaking at the KEDA event, which featured the sod-cutting for a new float glass manufacturing facility, the inauguration of the fifth phase of the tile production line, and the commissioning of the modern sanitary wares factory, Hon. Ofosu-Adjare highlighted the strategic role of President John Dramani Mahama in attracting investments to Ghana.
“Your Excellency, your presence here today speaks volumes. Just yesterday, you convened a dialogue with the private sector, demonstrating your government’s commitment to deepening engagement with industry and commerce as a cornerstone of our industrial transformation agenda,” she said.
The Minister recounted the series of engagements during the China-Africa Economic and Trade Expo that led to KEDA’s decision to invest in Ghana. She emphasized the significance of the country being positioned as a premier destination for industrial investment.
“Today, we are here to see the results of those conversations, and I could not be prouder. KEDA’s investment is both bold and visionary, demonstrating that Ghana can stand shoulder to shoulder with glass manufacturers anywhere in the world,” Hon. Ofosu-Adjare noted.
She also highlighted the government’s 24-hour economy programme, designed to provide fiscal incentives and duty-free concessions to productive investors, reassuring companies that the benefits will soon be implemented.
“I am confident that the business environment this government has built provides a strong foundation for smooth operations and strong returns on investment, and the incentives will follow,” she added.
Hon. Ofosu-Adjare further pointed to Ghana’s strengthening bilateral trade with China, revealing that an early harvest agreement is near completion.
The agreement will grant preferential market access for Ghanaian value-added exports such as cocoa, refined oils, textiles, garments, and agro-processed products.
“This is not merely a trade deal; it is a transformative compact signaling that Ghana is open, ready, and fully capable of anchoring sophisticated South-South economic partnerships that deliver real value on both sides,” she said.
The Trade Minister concluded by thanking KEDA’s management and staff, the traditional authorities of Shama District, and the workforce for their role in making the investment a success.
“The success of this company is your success, and by extension, a success for all Ghanaians.
Ghana is open for business, and we warmly invite more private sector operators in garments, textiles, pharmaceuticals, digital infrastructure, agro-processing, and beyond to deepen your presence and partnership in the country,” she said.
The KEDA investment, which includes the float glass facility and expansion of the tile production line, is expected to create thousands of direct and indirect jobs, boost exports, reduce import dependence, and further cement Ghana’s position as a hub for industrial growth in West Africa.
Story: Patrick Asford Boadu
