Maphlix Trust Ghana (MTG) Limited has begun a search for strategic investors to help establish a $6million factory in the Ketu North District in the Volta Region to process about 20 million tonnes of sweet potatoes every year into various derivatives for both the local and export market.
According to the company, a feasibility study on the project has been completed with a grant from the African Development Bank (AfDB). MTG is also ready with more than 446-acre farmland, planting materials and land to site the factory, adding that all things being equal, the project should commence this year.
The Managing Director (MD) of MTG, Mr Felix Yao Kamassah, who disclosed this on July 18, in Dzodze in the Volta Region, observed that the MTG was hopeful it would soon find an investor to start operations.
“As soon as we get the required amount, we will secure equipment and use the rest as working capital for the project to start because we are ready as I speak.
Market and environmental assessments on the project have already been completed,” he said.
He said MTG had engaged the services of out-growers to start the cultivation of the sweet potato.
