The Brazilian Ambassador to Ghana, Irene Vida Gala and
Mr. Ekwow Spio-Garbrah, Minister of Trade and Industry, have paid a working
visit to USIBRAS cashew processing plant, situated at Prampram in the Greater
Accra Region.
USIBRAS,
a US$35million fully mechanised cashew processing
plant with the capacity to process 35,000 metric tonnes of cashew nuts per year,
is currently the leading Brazilian private investment in the country’s cashew
sector.
Speaking to B&FT after the Prampram factory tour,
Ambassador Gala said Ghana has the potential to increase its cashew production yields
and position it to be the country’s leading cash crop for employment generation
and wealth creation.
“This is a great example of things that we can do
together. I think the fact that this is a private sector investment based on
the understanding there is potential to do business in Ghana makes me happy.
“The business of cashew in Ghana is good, and for
Brazilian investment to be productive there must be a big game also for the
Ghanaians. They have to farm more cashew so the farmers can get money,” Ambassador
Gala said.
She said the cashew processing company and the rice
farming projects are two major Brazilian private sector investments that are
operating in the country, and assured they will be ready to engage Ghana in
technical cooperation.
She explained that the two Brazilian investments in
the country’s economy show the potential of cooperation between Brazil and
Ghana.
Mr. Spio-Garbrah assured that government will do
everything to ensure the cashew processing companies’ survival; adding that stakeholders’
collaboration will include providing credit schemes to growers and processors,
and creating buffer stock that will be used to ensure a constant supply of the
commodity to processors.
Mr. Spio-Garbrah disclosed that discussions will also
be held with Benin, Burkina Faso, Togo and other cashew producing companies to
ensure regular supply of raw materials.
Mr. Tarciso
Falcao, Chief Executive Officer, said Cote D ‘Ivoire --
which is the commodity’s highest producer in the sub-region with 700,000 tonnes
-- had stopped supplying the company with the nuts following that country’s ban
on exporting the commodity.
He said the company, with 541 workers, could increase
the number if it receives an adequate supply of cashew.
The country’s raw cashew total production is around 7,000
tonnes, which is one-10th the production level of Cote d’Ivoire.
He however remained resolute that he will continue
working hard to ensure his outfit receives adequate supplies to sustain the
processing plant in Ghana.
“If it finally becomes very difficult to acquire more
raw materials we would not mind importing from Brazil, although it will be much
more expensive,” he said.
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