Ghana: Government seeking to establish a cassava processing plant, according to the Finance Minister

Published 2021년 7월 30일

Tridge summary

The government of Ghana is planning to establish a cassava processing plant as part of its industrialization strategy. The finance minister, Ken Ofori-Atta, made this known during the presentation of the 2021 mid-year budget review to Parliament. The minister also mentioned interventions to improve the agriculture value chain, such as technical assistance to various industries, yield improvement support for farmers, and modernization of the agriculture sector with investments in digital technology and equipment acquisition. The government also intends to reform the fertilizer subsidy system using digital technology for more efficiency and to register 1.2 million farmers by the end of February 2022 for improved targeting of subsidies.

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Original content

The government of Ghana has said its plans to establish a cassava processing plant as part of efforts to facilitate its industrialization agenda. Disclosing this to Parliament on Thursday, July 29, during the presentation of the 2021 mid-year budget review, Ken Ofori-Atta outlined a number of interventions aimed at improving the agriculture value chain. He said, “specific interventions include support for the establishment of a cassava processing plant, provision of technical assistance to the garment and textile as well as the pharmaceutical industries.” He assured stakeholders in the agriculture value chain of government’s support to improve their yields and farm output as the Ghana CARES programme will provide catalytic support to drive efficiency and improve outputs in the agricultural sector by investing in data and digital technology. “Mr. Speaker, to modernise our agriculture sector, we are investing in initiatives that will improve production and ...

Source: Ghanaweb