You are here: HomeBusiness2007 07 09Article 126890

Business News of Monday, 9 July 2007

Source: GNA

Indian firms to set up jute mill factories in Kumasi

Accra, July 09, GNA- Two Indian companies are to establish jute mill factories in Kumasi by September next year, Mr. Isaac Osei, Chief Executive of the Ghana Cocoa Board announced on Monday.

This would enable Cocobod to reduce substantially the importation of jute sacks for bagging cocoa for exports. The two companies were named as Al Chandani and Ghandi Jute Limited.

Currently the country imports between jute sacks for the cocoa industry.

Addressing a press conference in Accra, Mr Osei said research had shown that areas such as Ashanti Mampong, Techiman and Nkoranza in the middle zone of the country were fertile for growing jute in large quantities.

He said the two companies expressed the interest at a recent visit to India where officials of the Cocobod were taken through the processing and procedures for producing the jute sacks.

He said the proposals for the two companies would be assessed by the end of this month.