Described as the largest diaper factory in the sub-saharan Africa by Sunda International, the Chinese-owned company is estimated to have injected USD$84 million which also makes it one of the biggest companies operating under One-District-One-Factory (1D1F) initiative, and Sunda Ghana would be exporting its products to market in sub-saharan Africa.
Operating under the 1D1F, Sunda Ghana Ltd is currently enjoying certain incentives such as tax holidays, import duty waivers and interest rate subsidy from the government to help build its capacity and competitiveness, and, thereby, position it greater productivity and efficiency.
President Akufo-Addo in his address said “we have to attract investment into Ghana like Mr. Y.C. Chang, people who believe that the investment climate of our country is good, the governance of our country is good, and the opportunities for investment in our country are good.”
With Sunda Ghana Limited set to build two additional factories under 1D1F initiative, with a total investments of USD$44 million, which are Homepro Ghana Limited and Sunda Hardware Limited, the President said “what it means is that the work we are doing to strengthen the macroeconomy in our country is not some paper work, it is not talk, talk work.”
“It has to do with creating the conditions for investment in our country, and that is why it is extremely important for government to commit itself to the discipline that would enable it to have a strong macro-economy.”
President Akufo-Addo assured that “so long as I am your President that discipline is going to be there in the management of the economy. We are not going to preside over widening deficits, high debts, high rates of interest, unstable currency, and erratic power supply. That is not the path of the Akufo-Addo government for Ghana.”
He said aside establishing a strong macro economy and providing good governance, the other important contribution of government to the economic development of the country, was to make sure that Ghanaian industries, and industries established in Ghana, do not meet unfair competition from others.
“So that is another responsibility of government, to create a level playing field for Ghanaian industries. It is establishing industries here in Ghana that we can get work for our young people.
“When we continue to depend on imports, we are creating jobs for other people overseas. Let us work hard to create jobs here for our people in Ghana, by encouraging investments like what we are seeing today,” he added.
The President urged the Chiefs and people of Bortianor/Ngleshie Amanfro to “collaborate with our Chinese friends, who have shown confidence in our country, and let them see that Ghanaian people know how to conduct ourselves properly.”
SUNDA International:
Sunda International a customer-oriented company with a strong product development team, expert in advance technology research and development, has grown from a traditional trading company to a conglomerate with branches in Ghana, Tanzania, Kenya, Cote d’Ivoire. Senegal, Uganda, Zambia, Nigeria of Africa and Peru of South America and has won the affection and support of consumers in emerging markets, thus becoming a benchmark for Chinese enterprises in emerging markets.
The Ghana branch since its inception in 2004 has seen the establishment of other subsidiaries namely Washing Powder, Hardware and Baby Diaper Factories to produce washing powder, bar soap, diaper, sanitary pad, roofing sheets square pipe, etc. to carry out businesses and sell branded products to Ghanaian consumers.
In October 2017, the company started the cutting and filling of the land which was abandoned quarry site to pave way for the construction of the baby diaper factory under the One District One Factory (1D1F) initiative.
Currently, there are about 400 employees (of which about 98% are Ghanaians).
Our mission is to become the leading baby diaper production company in Africa by offering quality products and services to our clients, supporting the growth and development of our employees.
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By Sammy Agyei/frontpageghana.com/Ghana
