The Ghana Rubber Estate Limited (GREL), the largest industrial rubber plantation in Ghana, will be constructing a second rubber factory in the Western Region of the country.
The factory, estimated at EUR50 million, will create 3,000 jobs when the first phase is completed in 2019. The final phase will be completed in 2028.
Managing Director of the GREL, Lionel Barre, made this known in a media interaction at the company’s factory at Agona in the Ahanta West District.”In the first phase 2019, we will create between 2,000 and 3,000 field jobs so the field is giving more jobs than the factory [while] the final phase will be totally settled on 2028,” Barre said.
In addition, Barre announced the company’s decision to widen its rubber plantation, hinting of establishing small offices in the Greater Accra and Eastern regions.
Prior to the 2016 election, the then flagbearer of the New Patriotic Party, President Nana Akufo-Addo, promised to establish a new rubber processing factory in the Ahanta West District of the Western Region.