The largest fertilizer processing factory has been commissioned by the Vice President Dr. Mahamudu Bawumia at Asuboi in the Ayensuano District of the Eastern Region under the One District One Factory Policy (1D1F).
With a production capability of over 800,000 metric tonnes annually, the Glofert Fertilizer Factory, a wholly-owned Ghanaian company designed beneath the One District One Factory initiative is the first fertilizer production plant outside the Tema Industrial enclave.
The factory can manufacture every kind of fertilizer notably carbamide, ammonium ion sulfate, also as NPKs that are widely employed by farmers in the Republic of Ghana and across the continent of Africa.
Ghana has an annual fertilizer requirement demand of 600,000 metric tonnes, per officers of the Ministry of Food and Agriculture.
Vice President Bawumia expressed delight at the fortunate partnership between government, described by the One District One Factory Secretariat, and the private sector represented by Glofert Limited, which had led to the creation of jobs and the production of increased crop yields for Ghanaian farmers.
He said, “ There is something special about today. Today we are adding one more major step towards achieving the President’s vision of building a Ghana Beyond Aid, because one of the pathways to achieving this vision is through agricultural transformation — making farming attractive, increasing farmers’ productivity, increasing their income and making it possible for agriculture to support industrialization.”
Dr. Bawamia also said, “The Government of H.E Nana Addo Dankwa Akufo-Addo has been very keen about delivering on its promise to create a viable, self-sustaining economy. One of the means by which this can be achieved is through modern industrialization and to reduce our dependence on the outside world through imports to produce our own food,” and this could, for the most part, be done through the One District One Factory Initiative, the Vice President indicated.
According to the Ministry of Trade and Industry, 181 1D1F Projects are at various stages of implementation. As at mid-year 2019, fifty-seven projects are operating and twenty-two projects under construction. A further thirty-three (33) projects financed by local PFIs are ready for implementation before the end of 2019. 56 Small Scale Processing Facilities projects under the Enable Youth initiative financed by the African Development Bank (AfDB) will begin construction across 56 Districts before the end of 2019. Five (5) Common User Processing Facilities projects to be owned by organized farmers groups, funded by the AfDB will commence construction before the end of 2019.
“In addition, Eight (8) giant-scale processing plants supported beneath the China National Building Materials (CNBM) Corporation facility are currently being processed to begin implementation before the end of 2019,” Vice President Bawumia added.
Vice President Bawumia disclosed that government has recently obtained parliamentary approval for tax incentives framework covering numerous tax exemptions for firms seeking to work under the 1D1F programme, as well as 5 years tax holiday; waiver from import duties and taxes on equipment, machinery and parts; waiver from payment of duties and levies on raw materials; and a waiver from the payment of withholding taxes.
Vice President Bawumia additionally charged the Ministry of Food and Agriculture, Cocobod and alternative stakeholders to get from domestic sources and not waste valuable resource on imports of fertilizers and goods that are manufactured locally.
On his half, the Chief Executive Officer (CEO) of Glofert, Rev Foster Mawuli Benson, expressed appreciation to the govt. for the support that has led to installation of the factory that has provided regular employment for thirty-five (35) persons and casual employment for one hundred eighty others.
The One District One Factory Policy is aimed towards pushing Ghana to indusltalization. With a country that spends billions of dollars importing raw materials yearly, this initiative is aimed at not just reversing the trends but also creating jobs across the country.