President John Dramani Mahama has reaffirmed his administration's commitment to supporting Ghanaian businesses. He made this statement at the commissioning of an expanded evaporated milk production line at Nestlé Ghana Limited on October 8, 2026. The President emphasized the crucial role local businesses play in Ghana's economic development. He assured that his administration will provide the necessary enabling environment, financing, and infrastructure for businesses to grow and compete.
The President highlighted the government's efforts to improve the business environment. These efforts include reforming customs procedures to make them simpler and revising the tax incentive framework. Additionally, the government is digitizing public services to make doing business in Ghana faster, simpler, and more predictable. President Mahama cited Nestlé's growth in Ghana as an example of the opportunities available to businesses.
Nestlé Ghana started as a trading company and has grown into a major enterprise. President Mahama urged Nestlé Ghana to continue deepening its relationships with Ghanaian farmers and suppliers. He also encouraged the company to create opportunities for young people. The President described the expanded production facility as a demonstration of what can be achieved through partnership between businesses and the country.
The expanded evaporated milk production line at Nestlé Ghana Limited will significantly increase annual production capacity. The new production line will increase capacity from about 12,960 tonnes to nearly 30,000 tonnes. President Mahama said this investment reflects growing confidence in Ghana and supports his government's 24-Hour Economy agenda.
President Mahama assured the investment community that Ghana remains open for business. He declared that the country is "back" and "working again." The President's statement aims to boost investor confidence and encourage growth. He formally commissioned the expanded evaporated milk production line at Nestlé Ghana Limited.
The commissioning of the expanded production line is a significant milestone for Nestlé Ghana. The company has been operating in Ghana for several years and has contributed to the country's economic growth. President Mahama's visit to Nestlé Ghana highlights the importance of the private sector in Ghana's economic development.
The government's support for businesses is crucial for Ghana's economic growth. President Mahama's administration has implemented several initiatives to support businesses. These initiatives aim to create a favorable business environment and encourage investment. The President's commitment to supporting businesses is expected to have a positive impact on Ghana's economy.
Key points
- President Mahama assures gov't will provide enabling environment, financing, and infrastructure for Ghanaian businesses to grow and compete.
- The expanded evaporated milk production line at Nestlé Ghana Limited will increase annual production capacity from 12,960 tonnes to nearly 30,000 tonnes.
- President Mahama declares Ghana "back" and "working again," aiming to boost investor confidence.
