Ghana’s desire to attain a middle-income status by 2015 has prompted calls on the government to reactivate hundreds of projects initiated by Ghana’s First President, Osagyefo Dr. Kwame Nkrumah, but which have been left to rot in many parts of the country.
Here are some of the factories that had the potential of boosting Ghana’s economic status but unfortunately have folded up for various reasons.
Akosombo Textiles Limited
ATL was established by Osagyefo Dr. Kwame Nkrumah in 1967 and aimed at reducing the importation of foreign textiles into the country. In 2012, the Ghana revenue authority closed down the factory for owing taxes to the tune of about GH¢5,714,560.65 at the time. The company now operates under UK based ABC Waxprints.
Wenchi Tomato Factory
The Wenchi Tomato Factory was established in to help manage the situation of wastage when there was bumper tomato harvest. Unfortunately, the factory was shut down some years after the overthrow of the first regime in February 24, 1966. The factory remained closed for many years but was later sold to a private company known as Afriquid Company Limited. The factory has been dormant since then.
Pwalugu tomato canning factory
Now known as the northern star tomato processing factory, Kwame Nkrumah set it up with the ultimate aim of processing tomato into puree and paste for the local market and for export. When it was full in operation the Pwalugu factory was the source of income of thousands of tomato farmers in the Region and beyond but since it closed down, very little has been done to bring it back to life.
Zuarungu meat processing factory
Due to the large number of cattle and other livestock reared in northern Ghana, the meat processing factory was established to process some of the excess meat produced. The factory only operated for a few year before operations were shut down. The meat factory structure still stands today, but little effort has been made to rejuvinate it.
Bolgatanga rice mills
When a group of officials toured some of the factories that had been established in the country, they found the structures of Rice Mills in the Upper East Region deserted and dilapidated. Some squatters had even taken over the area with drug peddlers and users using the structures as safe haven to smoke to do drugs. The factory had been closed down in the 1990s and was handed over to a private operator who used it as a storage space.
The GIHOC Fibre Products Company was set up in 1962 by Dr. Nkrumah to manufacture sacks for the export of cocoa beans and other agricultural produce such as maize. It was also producing shopping bags and money sacks for the carriage of coins by the banks. As the only company manufacturing such products, the factory was one of the best in the country until it started facing difficulties in the mid 1980s. It was later shut down in 1991.