The first private sector wholly Ghanaian-owned cement factory, Dzata Cement, is projecting to produce about three million tonnes of cement for the Ghanaian and African markets when fully operational.
This follows a significant investment into an ultra-modern technology installed to begin production of the product by next month.
Managing Director for Dzata Cement, Nana Philip Archer made the disclosure when addressing the media after taking the Minister of Trade and Industry on a tour of the facility in Tema.
Philip Archer also told JOYBUSINESS that its product is expected to stabilize the market for stakeholders in the construction sector.
“What I can say is that we are bringing the highest quality of cement into the market and with the expectation that it will stabilize the supply and pricing as well.
Consumers should expect a different form of product quality made in Ghana, right here from Dzata Cement.
“The first phase which we are seeing will be giving us more than one million tonnes per year, but when we finish with the second phase and finally get the third phase on board, we will be ramping up to three million tonnes annually” he said.
With over US$100 million invested in the company, Dzata cement is set to begin production for the Ghana market with the vision of stabilizing the demand and supply of cement in the country.
Minister for Trade and industry, Alan Kyerematen after a tour of the project site said this would open doors of opportunity for many young Ghanaians to be gainfully employed.
The first phase of the project which is almost complete will be producing at a capacity of 1.2 million tonnes.
Mr Kyerematen charged the company to consider the use of local materials in the production process when the entire plant is fully operational.
He is optimistic that this development will bring a significant change in the cement supply chain.