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Published byNora Terry Modified over 9 years ago
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THE NEW GHANA COCOA SECTOR TRANSFORMATION AGENDA INVESTMENT OPPORTUNITIES DR. STEPHEN K OPUNI UK – Ghana Trade & Invest. Forum 2014
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Introduction Presentation on behalf of Dr. Stephen Opuni – Chief Executive, Ghana Cocoa Board The New Ghana Cocoa Sector Transformation Agenda – Rationale Increase production to 1.2 million tonnes / year Productivity enhancement Additional revenue ($1 bn to economy) Effect on economy – GDP, Current ac balance, Exchange rate etc…
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3 PILLARS OF TRANSFORMATION Productivity, Profitability, Youth Engagement Supply Chain Efficiency Strengthening Local Processing & Consumption
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Accelerated Rehabilitation, Disease Control and Youth Engagement TEXT 200 million trees infected – Removal of 50 million trees /year for 5 years Pest and Disease Control – New and effective mass spraying system Enhanced and effective Fertilizer application programme; Youth Engagement; New paradigm in cocoa farming
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Business Opportunity – Pillar 1 TEXT Removal / Replanting of 50 million trees presents about GhC 50 million / Year business opportunity Accelerated Fertilizer Application - $200 million / Year opportunity: Priority for investors to establish Fertilizer and Agro-chemical formulation plants in Ghana Increased disposable income presents a variety of business opportunity for 800,000 farmers in rural communities.
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Business Opportunity – Pillar 2 TEXT Investment in vegetable oil treated and food grade jute sacks to meet about $15 million / year market COCOBOD outsourcing terminal services to investors. Provision of container handling services is of high priority Provision of bulk storage, handling and terminal loading of vessels. Deepening competition in shipping and trade in cocoa for export markets
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Business Opportunity – Pillar 3 Investors in financial sector to partner local processing companies Opportunities for investors to undertake tolling agreement with COCOBOD and local processing companies to expand production. Investment in downstream processing (finished products) for 250 million West African Market THANK YOU
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