Yara launches US$15m multi-purpose business terminal …as it makes country its WA hub

Yara Ghana, a dealer in input supply and related services along the agricultural value chain, has officially opened a new US$15million multi-purpose terminal in Tema.

The aim for the new investment, the company said, is to make Ghana the hub of its operations in West Africa – following ten years of doing business and studying the country’s economy.

The multi-purpose facility has a storage capacity of over 50,000 tonnes (1million 50kg bags) coupled with blending and bagging. It has production capacity of over 100 tonnes (2,000 units of 50kg bags) per hour.

According to the company, the new investment is to facilitate ready supply and availability of premium crop nutrition solutions to Ghanaian farmers; thus enabling them to enhance their productivity and livelihoods.

“Yara’s interventions for the agricultural sector over the years include: providing training and knowledge for farmers, agricultural extension Officers as well as dealers in agro-inputs; scientific trials aimed at evolving cost-effective crop nutrition solutions and programmes for Ghanaian farmers; and supporting women farmers, especially widows in the northern regions,” Yara’s Managing Director, Danquah Addo-Yobo said.

He also indicated that the new facility strengthens his outfit’s ability to support the One-District-One-Factory (1D1F) and Planting for Food and Jobs initiatives.

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Executive Vice-President, Sales and Marketing-Yara, Terje Knutsen said: “This terminal will make Ghana a hub for the supply of fertiliser inputs within the sub-region, and contribute to employment and revenue generation for the state.

“This goes a long way to show Yara Ghana’s commitment to support government in its drive to develop the agricultural sector and country as a whole.”

Deputy Minister for Trade and Industry, Robert Ahomka Lindsey – speaking at the official opening, reiterated government’s commitment to industrialisation and modernisation of the Ghanaian economy.

“A modernised economy must have a strong industrial sector, hence the commitment of government to successful implementation of the One District, One Factory (1D1F) programme,” he said.

Yara Ghana Limited is a member of Yara International ASA – a Norwegian corporation and one of the largest mineral fertiliser companies in the world, with a long presence in Africa and strong commitment to rural development.

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