Ashanti Regional Minister backs Jospong Group’s Initiative to go into Rice and Poultry Production

The Ashanti Regional Minister, Hon. Simon Osei-Mensah, has assured the Jospong Group of his support toward making the group’s rice and poultry initiative a success in the Ashanti Region. He gave the assurance when the group led a team of investors to call on him at the Ashanti Regional Coordinating Council on 3 January 2023.

Explaining the need for the initiate to the Ashanti Regional Minister, Mr. Emmanuel Volsuuri, a member of the Jospong rice team and the leader of the delegation noted that the initiative is part of efforts to support government attempt to boost agriculture and to reduce reliance on imported staples which adversely affect the nation’s foreign exchange reserves.

Mr. Emmanuel Volsuuri noted that, in line with the company’s initiative to enter into rice and poultry production, they have signed memorandum of understanding with giant rice producing companies and equipment manufacturers in Thailand to provide total rice farming solutions, farm preparation, planting, harvesting and post-harvest equipment, including the application of appropriate farm management software.

He indicated that a team from Jospong undertook a business trip to Thailand where they visited some agriculture equipment manufacturers such as Siam Kobota, who are experts in manufacturing farm equipment, Satake Group who are expert milling manufacturers as well as a food research centre.

According to the team leader, Jospong Group is also in discussion with the Thai EXIM bank for a possible 160 million dollars loan facility for the project

A team from the Regional Agriculture Directorate gave a presentation on the profile of rice and poultry production in the Ashanti Region.

The Ashanti Regional Minister, Hon. Simon Osei-Mensah encouraged the Jospong Group to take their destiny into their own hand and not to over rely on the government. He expressed the hope that the Ashanti Region will become a pacesetter in the initiative.

Posted in Agriculture, News.

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