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26.07.2012 Business & Finance

Turkey Invests $24m Into Quarry

26.07.2012 LISTEN
By Daily Guide

To strengthen the relationship between Ghana and Turkey, Gokay Group Ghana Limited has invested a total of $24 million into its quarry company located at Shai Hills in the Greater Accra region.

Kobina Ade Coker, Chairman of the Turkish owned company, said the company would invest over $100 million more in other sectors of the economy.

At the launch of the quarry site on Tuesday, Mr. Coker noted that 'the construction industry will be more competitive with the involvement of Gokay Group Stone Quarry, who has come down from Turkey to partner with their Ghanaian counterparts to undertake quality modern granite tile mining.'

He said the objective of company is to provide quality construction materials and reliable service as well as empower the future generation to be innovative and skillful.

He noted that the quarry operates via modern technology using a computerized system for the production of various kinds and shapes of precious stones for the construction industry.

According to Mr. Coker, 'Being socially responsible, the company is committed to providing health and educational facilities for the staff and the nearby communities.'

Launching the facility, E.T. Mensah, Minister of Water Resources, Works and Housing, said Gokay has come at a time when roads, gutters and storm drains which would be constructed would require products from the company.

He said the location of the quarry used to be an abandoned area 'but has been given a new lease of life and this brings new opportunities for the youth of the area who are willing to take advantage of it.'

Hon Mensah added that the site had been revived using technology that provided a planned underground mining in such a way that it does not degrade the environment.

He assured management of Gokay that the chiefs and people of the traditional area would cooperate with the firm.

By Esther Awuah
 
 
 
 
 
 

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