Komenda Sugar Factory

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Komenda Sugar Factory
Company typePublic
IndustrySugar industry
FoundedFounded in 1964
HeadquartersKomenda Cape Coast, Central Region, Ghana
ProductsSugar

Komenda Sugar Development Company Limited[1] (also known as Komenda Sugar Factory) is a Ghanaian factory established in 1964 and its operations ground to a halt in the early 1990s. This was due to poor management and technical issues.[2]

Revival[edit]

The sugar factory collapsed and it was inaugurated by the erstwhile John Mahama government in 2016.[3][4][5] This was made possible by a loan facility of 35 million dollars from an Indian EXIM Bank.[6]

References[edit]

  1. ^ "YEA CEO visits Komenda sugar factory". GhanaWeb. 2022-10-08. Retrieved 2023-08-21.
  2. ^ "Komenda Sugar Factory: A rusting investment". MyJoyOnline.com. Retrieved 2021-10-23.
  3. ^ "Awaiting to die, the story of the Komenda sugar factory". GhanaWeb. 2020-03-20. Retrieved 2021-10-23.
  4. ^ "Akufo-Addo takes on Mahama over recent remark on Komenda Sugar factory". Citinewsroom - Comprehensive News in Ghana. 2021-10-18. Retrieved 2021-10-23.
  5. ^ "Report on Komenda Sugar Factory".
  6. ^ "Alan hasn't sold Komenda Sugar Factory farm land to Akpeteshie distillers – Trade Ministry". Citinewsroom - Comprehensive News in Ghana. 2021-10-23. Retrieved 2021-12-14.