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September 19, 2010

New $70 million fertiliser plant inaugurated in Ghana

Visiting President Teodoro Nguema Mbasogo of Equatorial Guinea on September 9 joined his host,  President John Evans Atta Mills, to inaugurate one of the largest fertiliser plants in Africa, situated on the outskirts of Accra, the Ghanaian capital.

The $70-million liquid fertiliser and fungicide plant is owned by Sidalco Company Limited, whose Chief Executive Officer (CEO) is Mr David Lamptey.

Inaugurating the plant, President Mills reiterated that agriculture remained the pivot of the government's economic agenda to better the lot of the people.

"My presence here today is to underscore two points; one is to showcase the trends that our local entrepreneurs have been able to achieve and also to reiterate the government's commitment to partner the private sector to rebuild the nation," he said. He commended Mr Lamptey and his wife for their vision and focus, which had culminated in the establishment of the plant, expressing the hope that it would boost the agricultural sector in the country and beyond.

The CEO of Sildaco, Mr Lamptey, said the company was poised to undertake more research work to turn out more products to meet the needs and demands of farmers in the country and elsewhere.

Daily Graphic

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