President John Mahama will on Monday inaugurate the Komenda sugar factory in the Central Region.
The factory, whch was established decades ago by the late President Kwame Nkrumah, had to be closed down due to technical and operational challenges.
But two years ago, government secured a $35 million Indian Exim Bank facility to revive it. Work on the factory has been completed and is expected to produce value not just sugar, but also added by-products such as energy and alcohol to support industry.
President Mahama sated during his 'Accounting to the People' tour of the Central Region that President John the factory would create more jobs for the unemployed youth.
“If we are able to encourage sugar growing in this area, the income that will be generated by the young people will be phenomenal and be able to change their lives so that we can produce enough to feed the factory," he said.
The factory is expected to employ 7000 people.