The $30 million Ilam Cement factory will be located at Dawa Industrial City in Accra, and it is expected to be completed in two years.

The factory also falls under the Akufo-Addo administration’s One-District-One-Factory programme.

90% of the factory is however foreign-owned by Iran, whilst a Ghanaian individual owns 10% of the business.

The agreement for its construction was signed when the Dr. Bawumia visited Iran in August 2017, for the inauguration of Iranian President, Hassan Rouhani.

This factory is expected to bolster the Akufo-Addo administration’s efforts to bolster Ghana’s industrial and infrastructure development.

“To ensure the development of a country, it is necessary to have some key development tools and you would also agree with me that one of the characteristics is growing infrastructure. It is an undeniable fact that we cannot have all these beautiful buildings, factories, bridges  and roads without the affordable and regular supply of cement in large quantities.”

Dr. Bawumia also said this factory “will create the needed competition in the industry to reduce the unit cost of cement for the ordinary Ghanaian.”

Cement prices currently hover between GHc 26 and GHc 29.

The Minister of Agriculture of the Islamic Republic of Iran, Hon.Mahmoud Hojjati, had earlier on Tuesday led a delegation to see Dr. Bawumia, ahead of the 6th session of the Ghana-Iran Permanent Joint Commission for Cooperation.

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By: Delali Adogla-Bessa/citifmonline.com/Ghana

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He said the factory would exploit the limestone deposits at Gbandaa, a community in the district, to produce cement as part of the government’s One District One Factory initiative to create jobs for the people of the area.

Vice President Bawumia gave the assurance when he paid a courtesy call on the Paramount Chief of the Mamprugu Traditional Area, Nayiri Mahami Bohagu Sheriga, at his palace at Nalerigu on Saturday.

[contextly_sidebar id=”Bo7K7xvI3R6xAgMjRslhEKqCwok7mxhi”]The call on the Traditional Ruler formed part of the Vice President’s four-day tour of the Northern Region, which began on Thursday.

Limestone deposits are in commercial quantities around Gbandaa in the district, and had been the wish of the people of the area that a factory would be established to mine such a resource and turn it into a finished product to create jobs for the unemployed youth of the area.

Vice President Bawumia said government’s vision was to have “a Ghana that is inclusive of all in development” adding no part of the country would be left behind in development.

He said the government had reduced the prices of fertilizer by 50 per cent in a bid to boost agricultural production adding that the ‘One Village, One Dam and the One Constituency One Million Dollars’ initiatives would also be on course to help transform the economy.

He said the payment of the teacher and nursing trainee allowances would begin in September this year adding that the free Senior High School programme would also begin in September this year.

Vice President Bawumia also assured that government would work to improve the infrastructural situation in the district especially the town roads and the roads from Nalerigu to Bunkpurugu and Nalerigu to Gbintri to facilitate commerce.

He thanked Nayiri for helping to maintain peace in the traditional area calling for peace in the region to ensure success of government’s initiatives.

Nayiri Bohagu Sheriga appealed to the government to help expand the water systems in the district to provide potable water to people.

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Source: GNA

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