Former President John Mahama has called the planned sale of the Komenda sugar factory as “unacceptable,” after the Minister of Trade and Industry, Alan Kyerematen, told parliament a new strategic investor will take control of the company.
The sugar factory was refurnished by Mahama in the lead up to the 2016 polls but was abandoned by the Akufo-Addo administration after he lost his re-election bid.
After two years of neglect, mainly due to lack of cash, the government has caused the factory to be evaluated and sold off to a new strategic investor.
Reacting, the National Democratic Congress (NDC) flagebearer said, “It is unacceptable to sell the factory. We can get the expertise and the technology to make this factory work.”
Mahama, who is on a ‘thank you tour’ of the Central Region, urged government to pursue the $23 million loan from the Indian Exim Bank for phase two of the project, which he said is still available.
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