The Trades and Industry Minister has paid a working visit to Sentuo Oil Refinery Limited located in the Tema Heavy Industrial Area.
Alan Kyerematen was to ascertain the status of work in the development of a 5 million tons/year refining project.
The project is part of the Ministry’s Industrial Transformation Agenda in developing new Strategic Anchor Industries.
It is aimed at diversifying the Ghanaian economy beyond Cocoa and Gold.
The operationalisation of this and many such companies are part of efforts by the government to dampen the demand for foreign exchange for imports and grow our gross domestic product.
The Minister said in a social media post on Friday, October 15.
He was accompanied by one of his deputies, Michael Okyere Baafi.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Odai Ntow’s family warns gov’t officials over sale of state lands at KIA
2 minutes -
The world is now halfway toward reaching 2027 goal of providing EW4All – WMO president
12 minutes -
Tamale Circuit Court sentences 5 for drug-related offences
39 minutes -
Speaker orders investigation into market fire outbreaks
42 minutes -
Mahama-led administration abandoned the Legon Sports Stadium – Mustapha Ussif
45 minutes -
Mental health experts call for increased awareness, education as gaming addiction spikes
47 minutes -
Only 80 psychiatrists serving Ghana’s 35 million population – Mental Health Authority
47 minutes -
Mahama promotes new Defence and Service Chiefs
1 hour -
Adum fire was not caused by power outage – ECG dispels claim
1 hour -
Adum Fire: Affected traders asked to await approval from Manhyia and government before rebuilding
1 hour -
Adum fire victims to receive GHs600k immediate support
2 hours -
‘Konnected Minds’ tops Apple Podcast Charts
2 hours -
Mahama’s proposed Upper East Airport: An economic burden or a necessity?
2 hours -
Madagascar vs. Ghana: A potential banana peel in the World Cup qualifiers
2 hours -
If I were starting music today, I would put more effort in my branding – Mzbel
2 hours