The management of GHACEM, a subsidiary of Heidelberg Cement Group, says it is ready to work in partnership with the Korean construction firm, STX Construction Limited, in terms of supply of cement when the company commences the construction of the 200,000 units’ houses in the country.
The company says its statistics indicates that given the current state of agreement reached between the Korean firm and the government of Ghana, over 900m bags of cement will be needed for the construction, a situation which GHACEM believes will require increase in daily production.
The acting Commercial Director of GHACEM, Mr Philip Archer, who disclosed this information to The Chronicle in an interview, said even though it was early days to know which system of supply the Korean firm would be adopting, GHACEM would be ready to partner the construction firm in the supply of cement and other building materials to facilitate the successful completion of the project.
Mr Archer said GHACEM currently produce 2.4Mta of cement from its two production plants at Takoradi and Tema, with an average of 45,000t/week.
Notwithstanding this figure, the acting Commercial Director of the country’s leading cement producer said GHACEM will continue to enhance its production stock to meet the increasing demands of the country’s infrastructural sector.
In addition, he noted that considering the boom in Ghana’s infrastructure development, it is estimated that the demand for cement on year basis could hit eight per cent for the next 20 years, a situation which he said, encourages GHACEM to position itself adequately for the challenge.