Olam group company Nutrifoods Ghana Limited opened its newly expanded US$8.25 million biscuit production facility in Tema, and the introduction of new state-of-the-art equipment and technology into the FSSC–accredited facility which manufactures high quality biscuits for both the domestic and export markets.
Jointly owned by Olam International with 75 per cent and Sanyo Foods of Japan, the Nutrifoods facility is currently the leading biscuit factory in Ghana.
It produces an assorted an assorted brand portfolio which includes two of the most popular biscuits in the country-the King cracker and the Perk Shortcake.
The company invested $8.25 million in expansion work, upgrading the capacity of the facility with new state-of-the art production equipment and technology including and additional third production line.
The expansion has strengthened Nutrifoods’ position as the number biscuit producer in Ghana. It has 30 per cent market share and an unbeatable benchmark in quality producing international standard products for local market tastes.
Moreover, the expansion has increased employment opportunities offered by the company, providing an additional 150 jobs and raising the existing workforce to 600 employees, of which 99 per cent are Ghanaians.
The completion of the expansion project is hailed by stakeholders as a major milestone not only for Nutrifoods but also for the entire food manufacturing sector in Ghana.
Mr Alan Kyeremanten, the Minister of Trade and Industry said the private sector played a crucial role in the country’s developmental agenda, and said that government would continue to create the enabling environment for private sector to succeed because they constitute one of the country’s engine for economic growth.
He said government was committed to providing technical support to the private sector to expand their businesses and employ more people, saying the support would be in a form of grants, equity or quasi-equity.
Mr Kyeremanten further announced government intervention dubbed “stimulus support” to help existing privately owned business companies in particular districts to improve competitiveness and stimulate development.
Dr Koh Poh Koon, the Minister of State for Trade and Industry of Singapore congratulated Olam on the inauguration of their ne factory and expressed hope that more Singapore companies can participate actively in Ghana’s growth.
He also noted that Singapore companies were not just investing in the physical infrastructure but also in building human resource capabilities for Ghana’s future, with companies such as Olam sponsoring educational programmes in Ghana.
Mr Chitwan Singh, Business Head at Nutrifoods Biscuits said: “With this expansion, we have doubled our existing production capacity, developed a new capability to make more varieties o buiscuits, enhanced food safety and security through automation of our production line, and increased employment in other areas of operation.”
Welcoming the dignitaries, Mr Amit Agrawal, Country Head of Olam Ghana, highlighted that the investment underlined the company’s ongoing commitment to producing high quality goods with local talent, in a supportive operating environment.
He elaborated: “The Ghanaian government has created a conducive environment or investments and businesses to thrive, which augurs well for future investments to flow into the country. We are proud to provide Ghanaian consumers with products suited to their tastes, with many of our brands among the favourites here, such as King Cracker, Perk, Tasty Tom, Royal Aroma, Royal Feast and First Choice.”
As part of the commemoration, Olam Ghana will be donating 63,000 packs of fortified Milky Magic Buiscuits over the course of the year to the Klagon TMA Basic School. Over the year, 1,300 students will each enjoy packets a month, as a mid-day meal snack.
By Charity Adomah