The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has called on strategic investors to support the expansion of Birim Oil Mills Company Limited, describing the oil palm sub-sector as a key pillar in Ghana’s tree crops industrialisation drive.
Speaking at the Ghana Tree Crops Investment Summit and Exhibition in Accra, Mr Madjie highlighted what he termed a “ready and credible opportunity” within the oil palm industry, urging investors to partner with the Eastern Region-based company as it enters its next phase of growth.
Birim Oil Mills, a vertically integrated palm oil processing firm, has invested more than US$18 million in developing 2,750 acres of oil palm plantations. The company has also built a strong outgrower network and operates a mill with a processing capacity of 30 tonnes per hour. Its products supply major refineries in Ghana and reach markets across the ECOWAS sub-region.
Mr Madjie said the company is seeking additional investment to scale up production and meet the growing demand for vegetable oils in Ghana and across West Africa.
He noted that expanding domestic processing capacity would not only strengthen local value addition but also reduce dependence on imported vegetable oils, while creating employment opportunities along the value chain.
“This initiative represents the type of long-term, productive investment that can anchor rural industrialisation and generate sustainable returns,” he said.
Mr Madjie stressed that the future of Ghana’s tree crops industry would be shaped by the investments mobilised today, adding that the opportunities within the sector remain significant.
“The opportunities before us are enormous,” he told participants. “I invite you once again to partner with us as we reset, rebuild and grow a sustainable and globally competitive tree crops industry that delivers prosperity for investors and opportunity for our people.”
The summit was held under the theme: “Sustainable Growth through Tree Crops Investment: Resetting and Rebuilding Ghana’s Green Economy.”
Source: classfmonline.com
