Apraku commissions two-million-dollar cork factory

Dr Kofi Konadu Apraku, Minister of Trade and Industry, on Friday commissioned a two-million-dollar Crown Cork production plant for the Carnaudmetal Box Ghana Limited and Crown Cork/Seal Ghana Limited at Tema.

The company, which started production one and half years ago, is the first of its kind to come out with the product. Additionally, it produces food and fish cans for breweries and food processing companies in the country.

Dr Apraku noted that packaging was a very important aspect for economic growth saying that the country has the potential to produce a wide range of products, but poor packaging made such products uncompetitive on the international market.

He, therefore, commended the company for it its products and said the investment made showed the kind of investor-confidence that was is prevailing in he country and attributed this to "the political stability and good governance in the country".

The Minister urged directors of the company to be "worthy investment ambassadors of Ghana" by helping to market the country to other business partners.

He said the government's "Golden Age of Business" policy was doing everything possible to create a congenial macro-economic environment by giving priority to the private sector and entrepreneurs for industrial development.

He said all obstacles in business were being rectified and the incentive and legal framework were also being reviewed to enhance the efficiency of the private sector.