The Trades and Industry Minister has paid a working visit to Sentuo Oil Refinery Limited located in the Tema Heavy Industrial Area.
Alan Kyerematen was to ascertain the status of work in the development of a 5 million tons/year refining project.
The project is part of the Ministry’s Industrial Transformation Agenda in developing new Strategic Anchor Industries.
It is aimed at diversifying the Ghanaian economy beyond Cocoa and Gold.
The operationalisation of this and many such companies are part of efforts by the government to dampen the demand for foreign exchange for imports and grow our gross domestic product.
The Minister said in a social media post on Friday, October 15.
He was accompanied by one of his deputies, Michael Okyere Baafi.