Wpid Trade Minister Tours Kasapreko Pix
Kasapreko Embarks On $30m Expansion

Trade Minister Tours Kasapreko - Pix 2

Haruna Iddrisu(middle) and Dr. Kwabena Adjei(left) inspecting the facility

The Minister of Trade and Industry, Haruna Iddrisu last Wednesday toured Kasapreko Company Limited (KCL), a leading beverage firm, to obtain firsthand information about its operations in Accra.

The Minister was welcomed by Chairman and Managing Director of Kasapreko, Dr. Kwabena Adjei and senior managers of the company.

Touring the facility, Dr. Adjei told the Minister that they were undertaking an expansion project and had spent about $30million in the venture.

He said the expansion project included the installation of custom-made Krone lines from Germany with glass line that produces 30,000 bottles per hour.

He also said they were installing what he called a PET line, which has the capacity to produce 40,000 bottles per hour.

Dr. Adjei said the company, after a humble beginning, has become a leading and successful indigenous business that produces both alcoholic and non-alcoholic beverages at much reduced prices.

He said ?we now have a multinational state-of-the-art automated factory located off the Spintex Road and arguably one of Ghana?s leading exporters of manufactured goods.?

He told the Minister that as a result of their performance, KCL is ranked sixth in the Ghana Club 100 and regarded as one of the top five emerging global brands by CNN Money.

?With a vision to produce quality drinks for all everywhere, the company has since its inception focused on developing products derived from Africa?s rich heritage of herbs by using modern research and development methods to transform traditional recipes into desirable consumer brands.

Dr. Adjei said, ?Alomo Bitters, our flagship brand, has fast penetrated the Nigerian market driving the company?s external growth. Kasapreko was last year adjudged exporter of 2012.?

He said as part of its corporate social responsibility, KCL has offered support to the Ghana Heart Foundation and Matthew 25, an NGO supporting people living with HIV/AIDS and set up a fund to support needy students in tertiary institutions.

?KCL?s commitments are focused on strategic programmes and partnerships that support our corporate values aimed at promoting social change.

?We are striving to create a sustainable and socially responsible business model that serves the interest of the communities we operate in.?

The Minister commended KCL for the feat and said the government?s commitment to partner the private sector for national development was on course.

By William Yaw Owusu

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