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July 29, 2001 | General News

Government to resuscitate Aboso Glass Factory


The Government has initiated measures at resuscitating the Aboso Glass Factory, Dr.Kofi Konadu Apraku, Minister of Trade and Industry announced on Friday.

He said as part of the measures, the government would encourage investors to explore the possibility of manufacturing glasses and bottles to feed local soft drink and alcoholic beverage industries.

Dr. Apraku gave the assurance during a tour of the facilities of the Coca-Cola Bottling Company Ghana Limited, in Accra.

The company depends on imported bottles, thereby increasing the cost of production.

Dr Apraku said as part of efforts to turn the country into an industrial one, the government has provided $2.5 million for the rehabilitation of the Aboso Glass factory.

Any other firm seeking to invest in the glass and bottling sector would be assist.

The General Manager of the company, Mr Segun Ogunsanya said the company has been reinvesting all dividends adding, " bottling requires so much cash, and our shareholders understand that."

He appealed to the government to reduce duties on soft drinks and alcoholic beverages. The Minister's tour also took him to the Ghana Textile Printing (GTP), Printex, Ghana Textile Manufacturing Company (GTMC), Ghana Agro Food Company and the site of the Gateway Services Limited.

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