Indigenous Cement firm, Dzata Cement has made a case for government partnership in solving the country’s infrastructure challenges.
According to the company, if some regulatory reliefs could be given as a local firms, Ghana’s housing deficit could be closed.
Managing Director for Dzata Cement, Nana Philip Archer spoke to Journalists after some members of Parliament’s Trade and Housing Committee toured the Ultra-modern manufacturing facility in Tema.
He noted that Dzata Cement is in a strong position to partner with government to help resolve challenges in the manufacturing sector.
“We are very grateful to parliament for the visit and will like to commend them for the interest whilst we look forward to engaging them further on some of the challenges we’re facing as a local industry.
We have several challenges which we think government can support us in dealing with although we are a young firm, we are in a strong position to transform this economy through the provision of cement for infrastructure purposes which can help bridge the housing deficit and other infrastructure needs” he told Journalists.
The tour by the select members on Housing, Trade and Industry is aimed at engaging the officials of the company on ways parliament can support their operations as the only fully indigenous cement manufacturing firm in the country.
Mr. Archer assured that the company will engage parliament and government to find a lasting solution to some of the challenges which include cost power and availability of raw materials.
Leader of Government Business in Parliament and Majority Leader, Osei Kyei Mensah Bonsu acknowledged the efforts of the company in stabilizing the prices of cement in the local market.
He, however assured that, he will begin some moves to get some reliefs for the company.
“It’s a great joy to see the kind of investment Dzata has done here to change the cement market situation in the country and we as parliament need to come together to work out some reliefs for them either through importation of raw materials, tax component or equipment. We as a house will be making a statement to get some support for the company because it is the only wholly local cement manufacturing company with numerous employment opportunities for the youth.
I think another concern also has to do with cost of power for industries like Dzata and we are going to work out some reforms because when cost of power is less, the price of cement will also be affordable for ordinary citizens” he said.
Minority Leader, Haruna Idrissu applauded the company for the huge investments and employment it is creating in the country.
Latest Stories
-
BoG won an international award for banking sector cleanup efforts and we must value it,’ – Ernest Addison
4 minutes -
Banking crisis cleanup was IMF’s top recommendation for Ghana in 2017 – BoG Governor
1 hour -
Herbert Mensah: A Changemaker’s journey recognised with the Order of the Volta
4 hours -
‘It was the right call’ – BoG Governor defends license revocations amid banking crisis in 2017
7 hours -
Decisive action saved Ghana’s banking sector from collapse in 2017, says BoG Governor
7 hours -
I do not subscribe to a more independent central bank logic – Dr Addison
7 hours -
Who are Ghana’s first-time MPs with big wins in the 9th parliament?
7 hours -
The Economy, Corruption and Galamsey: The potentials and pitfalls of Mahama’s return to Ghana’s presidency
8 hours -
Parliament approves over GH₵68 billion for the first quarter of 2025
8 hours -
Meghan announces new Netflix lifestyle show
8 hours -
Scrap dealers gain from Kantamanto fire as traders count their losses
8 hours -
Katamanto fire: GCB shuts liberty house branch temporarily
8 hours -
Tullow Oil wins tax dispute in Ghana, avoids $320 million payment
9 hours -
Former speaker Prof Oquaye leads NPP’s 11-member committee to probe 2024 defeat
9 hours -
GES rejects CHASS’ postponement request; insists on SHS reopening date
9 hours