I speak for the Food Processing Companies Only Until our packaging industrys challenges are solved, all those loans in a form of machines from Italy will become white elephants. Personally, I think those thin stainless steel food grade equipments with hidden cast metals the Italians are giving our companies are substandard and overprices (check also those ones at the Italian Cottage). We are embracing it because of the credit system, and because the banks in Ghana do not have confidence in the food processing industries which records negative productivity. The energy crises and lack of trade protection has over the years scared off many investors to the packaging industry (most have moved to Nigeria which have a good trade protection policy despite their energy challenges and Ivory Coast), and an issue that only the government can deal with. So yes to processing equipments, but lack of food grade packaging has lead to many in the food processing business look rather into the artificial food sector (plastic packaging) than that of the agro produce.The appropriate ministries should go back to all those companies they loaned equipments from Italy to and check their equipment performance just a year after operation. Yet it will be on our record, European books and IMF assessment that we were given this much grant and we wasted it. We need to set our priorities right and not just jump at the sound of a grant. What happened to the MOU with the Czechs to open the Aboso Glass factory? Why are we not talking Tetrapak and Retort (international standard) Appropriate food p a c k a g i n g solutions for d e v e l o p i n g countries.......fao.org/docrep/015/mb061e/mb061e00.pdf On the status of packaging industry sectors in developing countries The food packaging industry sector of developing countries derives its strength from the large volume of agricultural production, the steady growth in food commodities and the continually increasing food demand fuelled by rising incomes. Industry limitations that beset the packaging sector across developing regions include limited packaging solutions to meet international market requirements, and the small size of the domestic demand for packaging materials that consequently leads to low investment by the packaging industry. This, in turn, limits developing countries’ ability to enhance product quality to meet standards of increasingly discriminating consumers, both in domestic and international markets. ........................................................................................................... 2007 GHANA PRIVATE SECTOR DEVELOPMENT FACILITY..... (REALLYY????) gpsdf/financedprojects.htm (70% of the loan must be in the form of equipments from Italy) .......................................................................................................... Following the successful implementation of the Project named “Ghana Private Sector Development Fund”, financed by the Italian Government in 2004 for a total amount of 11,000,000 Euro, the Italian Ministry for Foreign Affairs (MAE-DGCS) approved in December 2007 additional financial resources of 22,000,000 Euro (approximately 45 million GHC) in order to continue to support the effort of the Government of the Republic of Ghana to promote private sector development. funding; Golden Web Ltd,- 448,500 Euros Consar Stone Quarry- €450,000 Can & Kaa Ltd-428,650 EurosSunripe Food Processing -€447,926Phastor Ltd-€256,885Tayco Agro Ltd-€448,400Western Water Works Ltd-€450,000Sarobi Ltd-€437,500Qualipack Ltd-€ 450,000Kingsman Enterprises-€348,403Safeman Concrete Products Ltd-€64,500Yedent Agro Processing Ventures Ltd-€410,000Gablin Company Ltd-€304,000Fountain View Company Ltd-€450,000Kitase Lodge Ltd-€151,433Tongu Fruits Ghana Ltd-€ 349.600Stay Sweet Industries Ltd-€444,250 ............................................................................................................. 2014 The Italian government has extended a 3.3 million euro loan facility to eight Ghanaian companies to support their various projects under the Ghana Private Sector Development Facility Projects (GPSDFP).The companies include; 21st Century Construction Limited, Miclin Construction Limited, M Bardisotti & Sons Limited, and Proteus Limited.The rest are Gyanemens Enterprise Limited, Queen of the Night Hotel Limited, Advanced Car Care Centre Limited, and Intravenous Infusion Limited. Speaking at a press conference to announce the facility in Accra, the Minister of Trade and Industry, Mr Haruna Iddrisu, lauded the Italian government for sharing in the aspiration of the government of Ghana to place priority on small and medium-scale enterprises (Smes).- See more at: graphic.gh/news/24055-italian-govt-supports-8-ghanaian-companies.html#sthash.2IzjlBGq.dpuf ................................................................................................................. 2013 Mr Ankrah said the project underscored government’s commitment to partner developed countries, particularly the Czech Republic, to facilitate the economic growth of the country.He noted that over the past five decades, the government of Czechslovakia had made enormous contribution to the development of Ghana, notably the establishment of the Kumasi Shoe Factory, the Komenda Sugar Factory and the Aboso Glass Factory.“Even though most of the mentioned companies were divested or in the process of being privatised, on account of inefficient management, efforts were underway to revitalise some of those enterprises with foreign partnership,” Mr Ankrah said.Mr Ankrah, therefore, called for more participation of the Czech business community in the various sectors of the Ghanaian economy, including the oil and gas sector.ndcuk.org/?q=node%2F8966
Posted on: Fri, 15 Aug 2014 14:18:09 +0000
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