{"id":1955,"date":"2019-01-14T08:22:45","date_gmt":"2019-01-14T08:22:45","guid":{"rendered":"https:\/\/www.aptnewsghana.com\/?p=1955"},"modified":"2019-01-14T09:21:25","modified_gmt":"2019-01-14T09:21:25","slug":"1d1f-govt-to-assist-kasapreko-for-20m-eximbank-loan","status":"publish","type":"post","link":"https:\/\/www.aptnewsghana.com\/index.php\/2019\/01\/14\/1d1f-govt-to-assist-kasapreko-for-20m-eximbank-loan\/","title":{"rendered":"1D1F: Gov\u2019t to assist Kasapreko for $20m Eximbank loan"},"content":{"rendered":"\n

Government under\n its flagship programme, One-district One-factory, is assisting \nKasapreko Company Limited to access a $20 million Eximbank loan.<\/p>\n\n\n\n

The\n loan is to enable the indigenous  Ghanaian company to build a \nsubsidiary state-of-the-art factory for the northern sector of the \ncountry and for export.<\/p>\n\n\n\n

The\n construction of the multipurpose factory, which begins almost \nimmediately after the loan is secured and expected to be completed by \nJune this year, is to create about 3,000 direct and indirect jobs for \nthe youth in Tanoso in the Atwima Nwabiagya District of the Ashanti \nRegion.<\/p>\n\n\n\n

Production<\/strong><\/p>\n\n\n\n

Per the timetable, installation of equipment and production begins in August this year.<\/p>\n\n\n\n

The\n National Coordinator for 1D1F, Gifty Ohene-Konadu, led a team of \ntechnical experts from the Ministry of Trade and Industry to tour the \n10,000-metre square layout and to look at the prototype drawings and \nmake suggestions.<\/p>\n\n\n\n

The factory which is to complement an already existing structure at the Tanoso site is expected to produce about  85,000\n bottles of all brands including the famous Awake Purified Bottle Water,\n Royal Drinks, 10\/10 drinks, Superstar and Fancy Drink a day.<\/p>\n\n\n\n

Mrs\n Ohene-Konadu said  Kasapreko was getting the support because its \nproposal was consistent with government’s intention to support local \nindustries and create jobs.<\/p>\n\n\n\n

She commended Kasapreko for a comprehensive proposal to partner governments to create jobs and alleviate poverty.<\/p>\n\n\n\n

CEO<\/strong><\/p>\n\n\n\n

The\n Chief Executive Officer for Kasapreko, Richard Adjei, said the location\n of the subsidiary factory was strategic for it to ease the pressure on \nthe main factory in Accra from serving people in the Ashanti region and \nbeyond.<\/p>\n\n\n\n

He said Kasapreko has over the years invested over $80 million in the expansion and upgrade of the factory in Accra.<\/p>\n\n\n\n

Group Chairman<\/strong><\/p>\n\n\n\n

The\n Group Chairman, Dr Kwabena Adjei, said the company was a Ghanian-owned \ncompany with 30 years in operations and currently the only total \nbeverage company with ISO certificate in Ghana.<\/p>\n\n\n\n

He said with requisite support, Kasapreko could make Ghana one of it’s trusted brands in the foreign market.<\/p>\n\n\n\n

Kasapreko established some 30 years ago at Nungua, a suburb in Accra is the largest producer of carbonated soft drinks and alcohol in the country and has the widest product range to satisfy all consumer taste and preference.<\/p>\n\n\n\n

credit: myjoyonline.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Government under its flagship programme, One-district One-factory, is assisting Kasapreko Company Limited to access a $20 million Eximbank loan. 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