Connect with us

Hi, what are you looking for?


W/R: Akufo-Addo commissions $150m Keda Ceramic factory

W/R: Akufo Addo commissions $150m Keda Ceramic factory

W/R: Akufo-Addo commissions $150m Keda Ceramic factory

President Akufo Addo says his government has a non-discriminatory business environment and encourages investors both foreign and local to take advantage.

At the commissioning of the third phase of the Keda Ceramic factory in the western region under the one district one factory initiative, the president said ” government will continue to provide the necessary incentives that will allow businesses to flourish”.

The president who is ending his tour of the western region today applauded the management of Keda Ceramic for contributing to the Ghanaian economy.

‘Ghanaians and foreign investors so long as you are prepared to work, prepared to invest, prepared to create jobs you will have the support of government because my government is of the firm believe that we can develop only if we industrialized and that is why we continue to provide support to businesses and I am happy Keda has taken advantage of it and what we see here bears testimony’ he said.
Keda Ceramic

Established in 2017, Keda Ghana Ceramics Company Limited pride itself as the nation’s premier producer of ceramics tiles and one of the best in the Africa.

The vision of the company is to be globally recognized as the premier producer of ceramics tiles and using Ghana as the industrial hub of Africa in order to meet the demand for Africa, America, and the European Markets.
The company currently export 70 percent of its products to the West African market.

The expansion drive which resulted in the commissioning of the third phase worth 150 million dollars offers over five thousand jobs making Keda the biggest employer in the manufacturing sector of the Ghanaians economy.
Chairman, Shen Yanchang says a 4th phase which has just started will add on one thousand more jobs when completed.

“The completion of the fourth phase will increase our production capacity to 150, 000 square meters per day”‘ he noted.

This is expected to increase revenue generation for the government through the payment of value Added Tax, corporate Tax, taxes from local materials purchases, sub-Contractors, the pay as you earn income tax from our employees as well as local building and raw materials sourced from local suppliers’ he indicated.

Local content

Keda according to the managing director intends to in the next 1-year hand over 40% of key and technical positions to our local staffs. ‘our engineers and professionals working here have so far trained and transfer the related technologies and know-how to some key local employees, This is our commitment to the localization of our factory, he indicates.

The 150 million dollar Keda Ceramic factory is projected too be the biggest employer in the manufacturing sector.


Below are exclusive pictures from the commissioning and sod cutting ceremony: 

W/R: Akufo Addo commissions $150m Keda Ceramic factory

There is a good reason why you should support the African Editors. Not everyone can afford to pay for news right now. That is why we keep our journalism open for everyone to read, including in Ghana. If this is you, please continue to read for free. But if you are able to, then there are three good reasons to support us today.

1. Our quality, journalism is a scrutinising force at a time when the rich and powerful are getting away with more and more.

2. We are independent and have no billionaire owner pulling the strings, so your money directly powers our reporting.

3. It doesn’t cost much, and takes less time than it took to read this message.

Help power the African Editors' journalism for the years to come, whether with a small sum or a larger one. If you can, please support us on a monthly basis from just 1 Ghana Cedi through mobile money number: 0599896099/ +23359989609 and you can be rest assured that you’re making a big impact every single month in support of open, independent journalism. Thank you.

Click to comment

Leave a Reply

You May Also Like


Neglected tropical diseases rising in E/R- GHS Eastern Regional Health Directorate says there is disturbing increase in cases of neglected tropical Diseases in the...


At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos.


Kagame Tells Europe that Africa Doesn’t Need Adult Supervision but Fair Trade.    There is a good reason why you should support the African...


Daasebre Oti Boateng introduces Root-Based Model to Akufo-Addo, Bawumia, commends them for 2021 Census & Covid-19 fight Omanhene of New Juaben, Chancellor of All...

Copyright © 2023, Ltd was developed by Wordswar Technology & Investment, Inc. Contact us on +233246187160

%d bloggers like this: