President Akuffo Addo has commended the Twyford Ceramics factory, a newly established tiles manufacturing company, in the Western Region.
According to him the company is worth praising as it sources all its raw materials locally and provides employment for the youth in the area.
The factory, which is into the production and distribution of tiles, is estimated to have cost $77.26 million to establish.
And operates at a designed production capacity of 14.4 million square meters per year.
It has an annual sales projected to be $82.8 million.
President Akufo-Addo praised the investors for putting up the factory.
“I congratulate the chairperson, board, management and directors of Sunda International for the decision to establish the factory here in Shama.”
“It will not only reduce our country’s ceramic tiles import bill but will also create employment for the young men and women resident here,” he said.
The president expressed how elated he was about the fact that about 95% of the factory’s raw materials were produced locally.
He however urged the promoters of the project to work harder in order to increase the figure to a 100%.
Nana Addo assured the company that his doors are open anytime the company encounters any challenge.
Source: Citi News