Komenda Youth Turn Thieves & Prostitutes

Two years after the collapse of the US$35 million Komenda Sugar Factory, youth in Komenda- Edina Eguafo Abrem in the Central region have resort to stealing and prostitution.

According to some residents of the area, the collapse of the factory has coerced the youth to indulge in certain social vices like stealing, prostitution and gambling. The factory was envisaged to create 7,300 direct and indirect jobs for the youth in the area.

Appearing on the floor of parliament on April 5, the Minister of Trade and Industry, Alan Kyeremanteng disclosed to the lawmakers the sale of the factory; citing recommendations made by his ministry and Cabinet to revive the operations of the factory.

“The ministry, in an effort to put the factory to viable commercial production, decided to initiate a new process in collaboration with the Transaction Advisor, Pricewaterhouse Coopers (PwC), to attract a strategic investor to acquire the assets of the Komenda Sugar Factory and manage the company’s operations,” he added

Government has valued the factory to a tune of 12 million dollars, a cost which has stoke public criticism of government’s motive in liquidating a facility which was built at a value of US$35 million. However, speaking on the issue, member of parliament for Komenda, Samuel Atta Mills, described the move as criminal.

“This is criminal if government will value the factory at 12 million dollars, something below it original value of 35 million dollars, government should go into partnership with a private investor where they both will reach a common percentage. But for the government to value it at 12 million dollars, it is criminal”.

The Komenda sugar factory was revived by former president John Drama Mahama in 2016.

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