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Business News of Sunday, 27 June 2010

Source: GNA

CFAO marks 100 years business operations in Ghana

Accra, June 27, GNA - CFAO Ghana Limited marked its 100 years in Gha na with the opening of a GH¢7 million new flagship showroom in the airport business area, to enhance service delivery to clients. Measuring 4119.70 sq metres, company officials said the layout and position of each workstation has been designed to improve communication a nd efficient interaction with clients.

"Our primary goal in designing this building was to improve efficien cy and serve our clients better," said Mr Thomas Pelletier, Managing Director, CFAO Ghana Limited. He lauded the conducive business environment in Ghana, which he said

had brought CFAO businesses back to profitability.

"I am happy to announce that all our subsidiaries are thriving," Mr Pelletier said, adding that in order to sustain growth there is the need to invest and expand capacity hence the building of the showroom. In order to ensure high standards of environmental integrity, he sai d, CFAO is currently installing equipment that "will enable us harvest rainwater and then recycle this to wash and service all our vehicles". Mr Pelletier underscored the commitment of CFAO to enrich the communities within which it operates.

Ms Hannah Tetteh, Minister of Trade and Industry, who inaugurated th e showroom, said CFAO would always be part of Ghana's commercial history an d socio-economic development. She encouraged the company to diversify its operations into more are as. Ms Tetteh urged the private sector to work with government in creati ng an enabling environment for businesses to thrive.

CFAO began its sales operation in Sekondi in 1908 and opened its fir st counter to serve customers in December 1909, importing manufactured goods and exporting gold, cocoa and timber. Since 2000, CFAO core activities have focused on four key areas name ly: automobile and equipment distribution, plastic industry, new technologies and pharmaceutical distribution. 27 June 10