Industrial Giant: Mahama Launches $250M Glass Factory in Shama | Discuss Ghana

On Wednesday, February 25, 2026, President John Dramani Mahama reached a major milestone in his "Economic Reset" agenda by cutting the sod for a massive $250 million float glass factory in Aboadze, Shama District.

The President described the project as a decisive step toward ending Ghana’s dependence on imports, revealing that in 2024 alone, the country spent nearly $25 million to import over 65,000 tonnes of glass.



1,400-Tonne Capacity: Africa’s New Industrial Hub

The facility, operated by the New Float Glass Manufacturing Company, is set to become one of the largest glass production plants on the African continent.

  • Two-Phase Expansion:

    • Phase 1: Targets 600 tonnes per day, with completion expected by August 2027.

    • Phase 2: Will add 800 tonnes, bringing the total daily output to 1,400 tonnes.

  • Export Powerhouse: At full scale, the factory is projected to generate approximately $100 million in annual export earnings, serving markets in Africa, Europe, and beyond.

  • Job Creation: The project is expected to create 2,182 direct jobs—including 729 during construction and 1,453 permanent roles—plus thousands of indirect opportunities.


Ghana Becomes West Africa’s 2nd Largest Economy

During the ceremony, President Mahama shared a significant update on the nation's macroeconomic performance.

  • The $113B Milestone: Ghana’s economy has officially grown to $113 billion, solidifying its position as a regional powerhouse.

  • Overtaking Neighbors: Mahama revealed that Ghana has now overtaken Côte d'Ivoire to become the second-largest economy in West Africa, trailing only Nigeria.

  • Fiscal Contribution: Highlighting the importance of local manufacturing, the President noted that the investor behind the Shama projects paid GH₵740 million in taxes in 2025, with projections to exceed GH₵1 billion annually once the glass factory is operational.


Triple Industrial Commissioning in the West

The Shama visit was not limited to the glass factory; it featured a "triple-header" of industrial expansions at the same enclave:

  1. Glass Factory Sod-Cutting: The flagship $250M float glass project.

  2. Sanitary Ware Commissioning: The official opening of a new sanitary ware production line.

  3. Ceramic Tile Expansion: The inauguration of Phase Five of a ceramic tile line, raising total output to 200,000 square metres daily.



Post a Comment

0 Comments