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ABL Inaugurates $100m Expansion Project

By Daily Guide
Business & Finance ABL Inaugurates 100m Expansion Project
MAR 5, 2015 LISTEN

Accra Brewery Limited (ABL), a major player in the alcoholic and non-alcoholic beverages industry in Ghana, has officially inaugurated the first phase of its multi-million dollar brewery expansion project at the company's premises in Accra.

The expansion project, which is estimated to cost $100 million, comprises two new state-of-the-art packaging lines, expansive warehouse with hard stand and loading bay, material storage areas and two additional power generators.

Others include 10 new beer storage vessels, two additional water storage tanks, sidewalks on the location road.

Dr. Charles Mensa, Board Chairman, ABL, in his remarks, reaffirmed ABL's commitment to lead the path of sustainable and responsible corporate governance, which is consistent with the fundamental principles of its parent company, SABMiller plc.

Anthony Grendon MD, ABL, indicated that after several attempts at acquiring a large tract of land needed for the project proved abortive, ABL settled on its own current location for the project, demolishing 12 residential buildings, two office structures and a warehouse in the process.

He stressed that the expansion will also position the company to work in the most environmentally friendly and energy efficient ways.

'In general terms, this expansion in our production capability will allow ABL to truly satisfy the demand of its customers and consumers, and this in turn will drive growth and stimulate increased utilization of our key local raw material inputs, namely whole Maize, Maize Grits, Cassava, Rice and Sorghum,' Grendon observed.

Mona Quartey, Deputy Minister for Finance, commended ABL and SABMiller for their efforts at creating local value and jobs in Ghana, reiterating the support of the ministry to the companies.

Cephas Larbi
[email protected]

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