70% of Ghana's cocoa export to pass through Takoradi Port

By
Business/Finance | Thu, 02 Jul 2009
  Bookmark and Share   
The gods too are fond of a joke. - By: roylexi.com
More Quotes | Submit a Quote
Advertize Here for $8 a day to reach over 30,000 people
Ghana Tourist Villas Offers an unforgettable holiday and business experience in Accra.
The Ghana Cocoa Board (COCOBOD) has announced plans to embark on a massive expansion programme to streamline its activities in the country, and is particularly concerned about improving its operations in the Western Region, which is producing the bulk of the country's cocoa.

Apart from jobs the expansion programme would create, the company also expects that 70% of its export would be carried through the Takoradi Port. Currently, the company exports 55% of its products through the Takoradi Port, with the remaining 45% going through the Tema Port.

Mr. Oduro Asare, Area Coordinator of the Cocoa Marketing Company (CMC), disclosed this recently at a meeting held by the management of COCOBOD with the Western Regional Minister, Mr. Paul Evans Aidoo.

The Minister and officials of the Regional Coordinating Council (RCC) had paid a visit to the company to familiarise themselves with its activities.

According to Mr. Asare, COCOBOD had acquired 100 acres of land at Kajebiri, a community near Takoradi, which would be developed to support the expansion programme.

Warehouses and other facilities such as clinics, staff bungalows and lorry parks would also be constructed as part of the project.

Mr. Paul Evans Aidoo, who led the delegation to the company, reminded them to be guided by their commitment to the ordinary cocoa farmer in the country.

“Ensure that the very person who is producing the cocoa is taken care of,” Mr. Aidoo pointed out.

Though he acknowledged the good work of the company, he urged the management to do more for the cocoa producing communities, to protect the industry. He underscored the need for the sector to recognise the hard work of the farmer, who ensured the production of the quality cocoa beans the international community had recognised

“People are destroying their rubber plantations for gold. If we don't sustain the cocoa industry, the forest, and look after the farmer well, they will destroy the farms to look for gold. Let's ask ourselves, do we choose gold or forest; let's look at the farmer very well,” Aidoo concluded.
Source:

 Comments To This Article

No comments have so far been submitted. Why not be the first to send us your thoughts?Add your comment

 

GSE All Share Index

Previous (22/12/2009) 5446.28
Current (23/12/2009) 5436.79
       -9.48
Change Year to Date
(Jan 01, 2009 - Dec 22 2009)
-47.88

Inter Bank Rates

Currency Buying(¢) Selling(¢)
Australian Dollar 1.2479 1.2655
CFA 318.6500 322.9000
Canadian Dollar 1.3511 1.3686
Danish Kroner 0.2730 0.2766
WAUA 0.4945 0.4807
Euro 2.0315 2.0585
Dalasi 20.3000 20.5700
Yen 0.0156 0.0158
Naira 113.8000 115.3100
Rand 0.1848 0.1871
S. Kroner 0.1942 0.1965
US Dollar 1.4253 1.4442
Pound Sterling 2.2730 2.3039
Swiss Franc 1.3588 1.3769

All trademarks and copyrights on this page are owned by their respective owners. 2001-2009, © Copyright ModernGhana.com

ModernGhana.com is part of Modern Ghana Media Communication Limited and NigeriaFilms.com