We’ll take advantage of ACFTA to scale up supply- KEDA GH Ceramics MD
Managing Director of KEDA (Ghana) Ceramics Company Limited Mr. Li Wei has revealed that plans are far-reaching to fully take advantage of African Continental Free Trade Agreement to expand distribution networks to South Africa and Egypt.
Established in 2017, the company has been manufacturing ceramics tiles, completing the first, second phases and commissioning the third phase of expansion today under the 1D1F flagship programme by Akufo-Addo government.
Speaking at the commissing of the phase III and sod cutting of phase IV of KEDA (Ghana) Ceramics Company Ltd, a subsidiary of Twyford in Shama, MD Mr. Li Wei said “We’ll commission the fourth phase and six phase next year to become the biggest ceramics tiles producer in the whole of West Africa. We’ll take advantage of ACFTA to scale up our supply chain to South Africa and Egypt”.
With Ghana hard-hit by infectious Covid-19 pandemic with its devastating impacts to businesses, the company hard its fair share of the challenges imposed by the disease.
Despite this, the company now produces total capacity of 100,000 square meters of tiles daily, with 2000 direct employment and 3000 indirect employments.
Li Wei noted that “We’re able to succeed because of good policies, business-friendly environment and some supports from government”.
Apart from domestic markets, the company also exports to Togo, Burkina Faso, Ivory Coast, Senegal, Benin, Niger, Mali and other AU member states.
Source: africaneditors.com
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