Government has revived the Ayensu Starch factory as part of it quest to industrialise the economy and also to provide support to breweries that depend on the commodity for production.
The revived Ayensu Starch Factory is a partnership between wholly Ghanaian-owned company --Tiberias Company Limited -- which owns 70 percent of shares and the government of Ghana owing the rest.
“This factory supports government’s drive toward aggressive industrialisation in the interest of sustained national development," Acting Trade and Industry Minister Hannah Serwa Tetteh said at the re-opening ceremony.
The factory, situated at Awutu Bawjiase in the Central Region, was established in 2002 as a Presidential Special Initiative under the erstwhile kufour administration.
However, the factory collapsed due to frequent power cuts, inadequate funding and delayed payment to farmers who supplied the factory with cassava.
The re-opening of the factory also comes at a period the country is reportedly witnessing shortage of cassava.
But Hannah Tetteh said moves have been made to ensure that there is availability of raw materials to feed the factory.
"We can purchase cassava within a radius of 50 kilometres and that is because within 50 kilometres the time that it will take to transport the cassava from the farm base to the factories will allow deterioration of the cassava or affect the quality of the starch," she said.
The factory has a staff capacity of 60 and is expected to provide direct benefit to 1,000 smallholder cassava farmers.
In addition, the factory has the capacity to process 22,000 metric tons of cassava starch per annum.