His Excellency Nana Akufo-Addo has commissioned an eight-ton daily capacity natural rubber processing plant under the one-district-one-factory program at Dompim in the Wassa East District of the Western Region.
The $2 million factory being managed by Natural Rubber Business Company (NARUBIZ) has 85 permanent staff and is expected to engage 1,260 rubber farmers in its operations
President Akufo-Addo commissioned the plant at the beginning of his two-day tour of the Western Region before moving to Shama to commission phase three of the Twyford-KEDA ceramic plant.
The Operations Manager of NARUBIZ, Captain Owusu Koranteng, told Citi News that the construction of the factory started in 2020.
He said the facility is a fully-owned Ghanaian company committed to creating more employment through expansion.
“Our plan includes the fact that in two years’ time, we will expand from one hour per tone to six-tones per hour production. Naturally, when we expand, it means that we are giving more employment to people and more Foreign cash into the country. This is because every rubber NARUBIZ process is exported and the cash comes directly through GCB which is our financiers,“ he said
