The Ministry of Trade, Agribusiness and Industry has begun steps to engage a Transactional Advisor to prepare the Komenda Sugar Factory for a strategic investor as part of efforts to make the factory operational, Sector Minister Elizabeth Ofosu-Adjare has announced, Ghanaian Times reported.
Speaking in Parliament, Mrs Ofosu-Adjare said reviving the Komenda Sugar Factory remains a priority for the government. The factory, established in 2016 to produce between 12 and 150 metric tonnes of refined sugar daily and create jobs for residents of Komenda, has not been operational since its commissioning.
The Minister said her ministry is currently reviewing a detailed report submitted by an Interim Management Committee, which was set up following her recent visit to Komenda to engage stakeholders and assess the situation.
Responding to questions on the status of the factory, she said the government has made provision in the 2026 budget to appoint a Transactional Advisor who will package the factory and help attract a private investor to operate both the plant and its associated farms.
Mrs Ofosu-Adjare described the condition of the factory as worrying. She noted that the facility had been disconnected from the national power grid by the Electricity Company of Ghana and had also lost water supply from the Ghana Water Company Limited due to unpaid bills.
She added that the factory has accumulated significant debt over the years, while a lack of raw materials has also prevented operations from starting.
However, the Minister disclosed that land has now been secured for sugarcane cultivation under the Feed the Industry Programme, with support from the Chief of Komenda. This is expected to ensure a steady supply of raw materials for refined sugar production.
Assuring Parliament of the government’s commitment, Mrs Ofosu-Adjare said the factory would be revived once the Transactional Advisor is appointed and a private sector operator is brought on board.
She acknowledged concerns over outstanding electricity bills, saying the debt was inherited when she assumed office last year. The arrears, she said, would be factored into the overall cost structure when a private investor takes over operations and resolved as part of the revival process.
