You are here: HomeNews2016 10 07Article 475675

Business News of Friday, 7 October 2016

Source: kasapafmonline.com

US$60 million Ceramic factory to create 1500 jobs – Kwakye Ofosu

The ceramic factory at Eshiem will be completed in November The ceramic factory at Eshiem will be completed in November

The ceramic factory at Eshiem nearing completion in the Western will reduce the high rate of unemployment situation in the country since the firm will create over one thousand and five hundred (1500) jobs for Ghanaians, Deputy Communications Minister, Felix Kwakye Ofosu has disclosed.

When completed, the US$60 million factory dollar project will produce floor tiles, toilet bowls and other ceramic products using local raw materials such as limestone, kaolin clay, feldspar and silica deposits identified in the Western and Central regions. The products will be for both the domestic and international markets.

The factory is owned by a Chinese company, Wangkang Ghana, a member of the Wangkang Holding Group.

“Investors continue to show interest and confidence in the Ghanaian economy.Between 2013 and 2015,a total 69 companies were set up in the Ghana Free Zones enclave.These companies employ a total of 16,372 workers.The latest to join the fray is Wankan Ceramics,a Chinese firm that specializes in the manufacture of tiles.Below are pictures of a US$60 million factory they are building on a 60 acre land at Eshiem in the Western Region.The factory has three production lines each needing 500 workers to man.A total of 1,500 direct jobs will be created once it is completed early next month.Thousands of indirect jobs will also be created through this investment.They will produce 40 million square feet of tiles every year both for the local and export market,” Felix posted on his Facebook Timeline.